This is Ansari from Cochin of Kerala.This time i plan to start an overseas trade, more specifically a commercial import.That's import to Kerala and resale within Kerala.
* First case:Import and readily resale ------------------------------------ Could you furnish more information on the type of registration i needed whether it's CST or VAT please?As i intend to make wholesale supply to one, will there be a scope of VAT since, to best of my knowledge, VAT is meant for points of sale.
* Second case:import and make an assembly here so that a manufacturing is taken place ------------------------------------------ If i assemble the parts of product here, then whichever is needed, CST or VAT?
I hope you get what is in my mind, that avoiding any registration is much better.
In conclusion, Whichever registration is needed for a commercial importer who make it for a resale?
If you could let me know that for a VAT registration, how can i avoid the security deposit, or suspend later?
27 September 2011
PLEASE APPLY FOR REGISTRATION SALES TAX DEPARTMENT IN YOUR STATE IT WILL BEB BEST FOR REGISTERED AS CST TOO YOU ARE ALSO APPLY FOR IEC CODE.