WAYS TO FILE YOUR TAXES
BAR CODE REGISTRATION
ALL TESTS ARE PERFORMED BY NABL ACCREDITED LAB ONLY
What is VAT Registration?
Value-added Tax (VAT) Registration, also erroneously known as TIN and CSTRegistration, is mandatory for any business entity engaged in the sale of goods in India and a turnover of over Rs. 5 lakh (although it may be higher in some states).It is a multi-stage state tax that accumulates at various stages of production and supply.At every stage, the purchaser pays the tax and is allowed to offset the same on subsequent sale.
Consumers, therefore, ultimately bear this tax. VAT is collected by the stategovernment and it is essential to know what the VAT rate is for the type ofgood or service you provide in each state you provide it in. Returns need to be filed on the 20th of each month (partnerships, LLPs and proprietorships can do so quarterly).
50 Verified Vendors
We’ve tied-up with some of the best vendors in major cities of the country to get you your VAT Registration. We’ve completed 500+ registrations in the past 12 months.
160 Strong Team
Our team of experienced business advisors are a phone call away, should you have any queries about the process. But we’ll try to ensure that your doubts are cleared before they even arise.
We do a thorough check of the files you send in
We will appoint an affiliate to process your application
Receipt of TIN
The TIN will be issued within 15 days of the application
Documents Required for VAT Registration
For the Entity (if any)
PAN Card of Company or Partnership
Board Resolution, in case of company
Incorporation Certificate or Partnership Agreement
Memorandum & Articles of Association
What You Need To Know
First Time Only
VAT is to be paid only when a commodity is produced or imported and sold for the first time. Subsequent sales are exempt, as are all exports. Local and inter-state rates differ on all goods, so there’s no fixed rate for sales tax.
Same As TIN
VAT is the tax you pay while purchasing raw materials and what the end-consumer ultimately pays. The number you are registered under is called Tax-payer Identification Number (TIN). VAT registration and TIN registration are, therefore, the same.
A government official is likely to inspect the premises, so this should not be taken lightly. The space should be in good condition or the inspector could delay the grant of the registration.
VAT Registration Process
2 Working Hours
You need to send in PAN cards, identity, address proofs and four passport-sized photographs of the proprietor/partners/directors. Private limited companies must also submit the Memorandum and Articles of Association, Form 32, Form 18 and Certificate of Incorporation, while Partnerships must submit the Partnership Agreement. Finally, the rental agreement for the office address, if it is rented, along with the electricity bill.
10 to 25 Working Days
Your application will be processed by the department and may involve a physicalinspection. Once approved, the Taxpayer Identitification Number (TIN), an11-digit number, will be issued. A certificate will also be issued. We will courier it to you when it is received from the government department.