Registration of vat

Save Share

This query is : Resolved

Harsh Wadhwa (Querist)

20 December 2014 Mr X wants to start the milk dairy business, he want to register his firm,
As milk is exempt from vat ,,,, is there still need for the registration of tin for firm registration ?????

Please suggest

Thanks and regards

Harsh Wadhwa

Rupesh Jain

Rupesh Jain (Expert)

20 December 2014 there is diff-2 vat rate in in every state.
pls check with your state vat act. normally for that if you are partnership then partnership deed, partner address, id proof, surety, security ( in some state it is not applicable) and list of goods in which you want to deal and with some fee with your bank detail.

Message likes : 1 times

Harsh Wadhwa

Harsh Wadhwa (Querist)

20 December 2014 Sir, This is in haryana,,,, and plz tell me in case of prop. firm ,,,,, is this mandatory to register for tin no. to start a business,,,,,,,?

Rupesh Jain

Rupesh Jain (Expert)

22 December 2014 YES AND VAT RATE IS 5.25% IF SALES ISEXCESS RS.500000/- PER ANNUM.

Message likes : 1 times

Harsh Wadhwa

Harsh Wadhwa (Querist)

23 December 2014 sir, but milk is exempt in schedule of hvat?,,

exempt business k liye bhi tin no lena padega business kholne k liye?

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now