Dear Sir,
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?
Security or Surety Bond Needed for VAT/CST Registration; No DVAT Deposit Required if Applied Online by June 30, 2013. A user inquired about the basic charges for VAT/CST registration, specifically for exporting materials from India, and sought advice on avoiding government deposit requirements. Respondents explained that a security or surety bond is necessary for registration. A surety bond involves two VAT/CST-registered dealers from the same state who guarantee payment of taxes, interest, or penalties if the main dealer defaults. Another respondent noted that no security deposit is required for DVAT registration until June 30, 2013, if applied online through the DVAT site. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
