please advise me basic charges for VAT / CST registration ?
as we are only dealing with Export the material from India. I found that government take some deposit to give registration in VAT / CST.
but we will never dealing with local market in India. please advise me how can save my money instead of deposit to government of India?
Posts / Replies
No way out. For getting registration you need to furnish either, secuirty Bond or surity bond.
thanks for your answer.
Can you tell me what is surity bond?
Surity Bonds, under VAT/CST Laws are prescribed forms, which are needed to be submitted at the time of getting registration certificate, duly signed by two dealers duly registered with VAT/CST athorities of the same State who undertakes to pay the tax amount/ interest or penalty in case the main dealer does not able to pay the same.
no security to be deposited for DVAT Registration up to 30 June 13 , if applied online thru DVAT Site
Regards.. Vikas Kapoor