Security Deposit under Karnataka VAT

Ajith Kumar Rai (C A Final Student) (115 Points)

23 March 2009  

Dear Sir/Madam,

What is the security deposit slab calculated on the basis of Turnover projection Under Karnataka Vat at the time of Registration .

And also i would like to know is there any higher  Security deposit required  , for the person getting VAT registration in Karnataka who is resident of  outside KArnataka