5. Limit of turnover under sub-section (1) of section 5 and limit of aggregate amount of purchase prices under clause (b) of sub-section (2) of section 10: M.P. VAT RULES

 

CHAPTER – III
 
 
5. Limit of turnover under sub-section (1) of section 5 and limit of aggregate amount of purchase prices under clause (b) of sub-section (2) of section 10:
 
(a) For the purpose of sub-section (1) of section 5, the limit shall be rupees five lacs.

(b) For the purpose of clause (b) of sub-section (2) of section 10 the limit shall be rupees five lacs.