Hi,
I want to sell some product online throughout India using Flipkart by buying the items in wholesale locally in Chennai.
1. Please let me know do i require Vat or CST.
2. Do i have to register a company name first or not.
if yes for 1 and/or 2, then how can i do it.
Thanks and regards
Abhishek Singh
Mr A singh,
Any kind of marketting business has to be registered under local VAT and CST laws.You can do it on line through the web site www.tnvat.gov.in. Open the web and click for registration.You will get all details,forms,list of documents,to be furnished,vat office to be contacted,fees to be paid etc.Or, entrust it to a sales tax practitioner.He will do the needful by charging some fees......mjk
You need :-
1. TIN (VAT + CST)
2. Current Bank Account
and... nothing else. good Luck
CAclubindia
