Vat on machinery on govt credit gurantee schemes

Ajeet Shukla (Manager) (24 Points)

29 October 2014  

Hello Friends,

I am based in Jabalpur Madhya Pradesh, Planning Machinery purchase under government's Pradhan Mantri Rojgar Yojana, I am eligible for 25% subsidy under this scheme. I will be putting these machines in rural area.

I am buying machine from Delhi manufacturer and he is Charging 12.5% VAT on it, he also said that he can give on 2% CST but i have to produce C form and need to give registration details along with the order. Situation is i do not have any registration yet as it will be a proprietorship.

 

No my queries are  ...

1)How can I save 10.5% and pay him only CST and give C form?

2)What should I do as I am planning to register SSI provisional?

3)Should I register SSI under proprietorship?

4)How much time it will take if i register SSI under proprietorship and what is the VAT registration procedure and how much security i have to give to Govt.?

5) Should I register a firm first than SSI under that firm?

6)Can we change proprietorship into partnership firm in near future?

Please help me

Regards,

Ajeet Shukla