New Partnership Firms Registration for DVAT, VAT + CST

[Ramesh Parmar]

Whats the surity system for Registration, and normal formalties for Mfg. & Trading business"s Registration.

Posts / Replies

[rishi mohan]

In case of a vat registration there are two options for approving guarantee. They are as follows:-

1. Bank Guarantee (Rs. 1,00,000/-). It can be reduced by palcing certain legal documents.

2. Local surety bond duly signed by the registered dealer (who is already registered in vat). Same like as is done when getting a new bank account opened with the bank. This can be said as the introduction also.

Rest reguired forms are to be filled and filed for registration.