Hey Guys,
I've registered a LLP (registration address is the rented house I'm staying). I'm based in bangalore. I'm going to sell t-shirts online. I'll also be selling t-shirts in bulk to colleges all over India. I don't have any idea of taxes, so I have a few queries.
- Should I take a small office space right now? Will there be any problem in registering for CST or VAT if I don't have any commercial office space?
- I get t-shirts from tamil nadu and our manufactuer doesn't give us any invoice/bill and we pay him in cash. Will there be any problem in this setup?
- Should I register for CST and VAT? Can we register for vat once we cross 5 Lacs limit for karnataka?
- Any other advise you guys can give me. I'm a complete noob when it comes to taxes and stuff.
Thanks in Advance.