Query regarding registration of shop

U have not mentioned the place where you are doing business....

However usually VAT provisions require registration only when turnover exceeds 5 lakhs

Originally posted by : Roshan Thomas
	U have not mentioned the place where you are doing business.... However usually VAT provisions require registration only when turnover exceeds 5 lakhs

I agree with roshan

regards,

Jafer

Originally posted by : Roshan Thomas
	U have not mentioned the place where you are doing business.... However usually VAT provisions require registration only when turnover exceeds 5 lakhs

Hi,

Sorry for not mentioning the place.

I am doing business in Bangalore.

Can we do the registraion even if it is not more than 5L. Because not sure whether it will cross or not.

It is almost 2 months and my sales is appr 30K PM. 

What will be the registration fees.

regards

Ketan

Hi,

If you think ur turnover will exeed 5L then u can get registered. However, it is optional for u at present coz ur monthly sales is 30k.  Well, there are certain benifits u'll get if u get registered that is u can pass on the vat on purchases to the consumers. Any way, first u go to ur area commercial tax office and get the registration form. My opnion is u get the form for cst also and apply for the same. You will get benifited if u have to purchase some clothes from gujurat or anyother state. Fill the form and submit ur pan, id, business place ie., rent document. and whatever the officer ask u to bring. To my knowledge, hand him over some 500 rupees, everything will be alright within 1 month else they will unnecearily make u roam to their office.

 It depends on the tax officer, how much he has to get the deposit from u. the total registration cost will not be more than 3500 rupees along with some deposite.

regards,

Jafer