What is Mandatory and voluntary registration Section 18 of DVAT Act 2004
(1) Every dealer is required to apply for registration under this Act if -
(a) the dealer's turnover in the year preceding the commencement of this Act exceeded the taxable quantum; or
(b) the dealer's turnover in the current year exceeds the taxable quantum; or
(c) the dealer is liable to pay tax, or is registered or required to be registered under Central Sales Tax Act, 1956 (74 of 1956):
PROVIDED that a dealer dealing exclusively in goods mentioned in the First Schedule shall not be required to register.
Explanation.- For the purposes of this section, in case of dealers involved in execution of works contracts, the taxable quantum shall be calculated with reference to the total contract amount received.
(2) For the purposes of this Act, "taxable quantum" of a dealer shall be twenty lakh rupees, or such other amount as may be specified by the Government by notification in the official Gazette:
PROVIDED that a dealer who imports for sale any goods into Delhi, the taxable quantum shall be "Nil" or such other amount as may be specified by the Government by notification in the official Gazette.
(3) The taxable quantum of a dealer shall not include turnover from-
(a) sales of capital assets;
(b) sales made in the course of winding up the dealer's activities; and
(c) sales made as part of the permanent diminution of the dealer's activities.
(4) Any person who is not required by sub-section (1) to be registered but who -
(a) is a dealer; or
(b) intends from a particular date to undertake activities which would make him a dealer, may apply for registration.
Section 6 : Sale exempt from tax
Section 7 : Certain sales not liable to tax
Section 8 : Adjustments to tax
Section 10 : Adjustment to tax credit
Section 11A : Tax on goods supplied by contractee
Section 12 : Time at which turnover, turnover of purchases and adjustments arise
Section 14 : Treatment of stock brought forward during transition
Section 15 : Second-hand goods
Section 16 : Composition scheme for specified dealers
Section 16A : Special provisions relating to casual traders
Section 17 : Transactions between related parties