Hi All,
We 3 partners are going to firm one partnership Business of Online Apparel/Garments (like Jabong & Myntra)but the size of the firm is very small.We have some plan in mind and each partner is contributing INR 20,000.Means all together Capital will be of INR 60,000.We planned to sell all over india.Each Packet value will not be more than INR 500.Our Registered office Under Shop Establishment (Ghumasta) is in Madhya Pradesh. Operating Business location Madhya Pradesh.
My query is that is it compulsary for VAT/CST Registration?
If No,then what are the other options available.
Your answer will be great help for Us.I* Request you to please reply.
Thanks & Regards,
R* Raj
CAclubindia
