Hi All,
When starting export business is it mandatory to do VAT registration during the starting of the company or can I do after the VAT threshold is reached.
If I am during VAT registration, do I need to have commercial outlet or can I register using separate space in my home?
VAT Registration Essential for Export Startups: Required After First Export in Karnataka Under KVAT Act, Section 22 (7) A forum user inquired about the necessity of VAT registration when starting an export business, questioning whether it is mandatory at inception or only after reaching the VAT threshold, and whether a commercial outlet is required for registration. Responses advised obtaining VAT/CST registration before starting the business for compliance benefits and confirmed that VAT registration is mandatory once exports exceed the threshold. Additionally, it was highlighted that in Karnataka, registration under the KVAT Act is required after the first export, as per Section 22 (7). The user appreciated the guidance provided by the respondents. (AI Summary)