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New Partnership Firms Registration for DVAT

Ramesh Parmar

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

New Partnership Firm Registration for DVAT: Bank Guarantee or Local Surety Bond Options Explained A discussion on a forum addressed the process of registering new partnership firms for the Delhi Value Added Tax (DVAT). A user inquired about the assurance system and standard procedures for registration in manufacturing and trading businesses. A response outlined two options for providing a guarantee: a bank guarantee of Rs. 1,00,000, which could be reduced with specific legal documents, and a local surety bond signed by an already registered VAT dealer. Additionally, necessary forms must be completed and submitted for registration. (AI Summary)
VAT + CST
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