Necessary registration for export


This query is : Resolved 

(Querist)
24 June 2012 Hi,
I am planing to start export of scarves and shawls.
So is it necessary to register export firm under vat or sales tax for opening current a/c.
And which Bank should I prefer to open current a/c.
Please advise.

25 June 2012 if you wanted to open export import business, it will be best to get get registered in VAT department.

at the time of import u liable to get refund of SAD.

Regards,

asad (Querist)
25 June 2012 Thank you Sir.
But incase if i will do export only.and advise me bank name for opening current a/c for this.

05 September 2012 schedule bank will be best for you.

regards,


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