
on 27-09-2014 12:02 PM
I am planning to do a business through its annual turnover may just below 1 Lakh. Is any VAT/CST registration may I need to do this.
Anyone pls help.
on 27-09-2014 02:08 PM
TILL 5 LACS TURN OVER, YOU DO NOT NEED ANY VAT/CST FOR SURE. IF YOUR TRANSACTION ABOVE 5 LACS PER YEAR, THEN ONLY YOU NEED VAT/CST REGISTRATION.
NOT TO WORRY ABOUT THAT FOR SURE. IF YOU ARE IN MH, YOU HAVE 10 LACS LIMIT.
on 28-05-2015 05:09 PM
There is definitely an exemption in VAT ( for selling within state) but if you are selling out of state there is no exemption. So you need to have TIN ( VAT/ CST No.) to sell legally.
Till then you can choose delivery option as "delivery within seller's city" while listing products on ebay.