Charges for VAT / CST Registration , VAT + CST

[Rakesh PATEL]

Dear Sir,

please advise me basic charges for VAT / CST registration ?

as we are only dealing with Export the material from India. I found that government take some deposit to give registration  in VAT / CST.

but we will never dealing with local market in India. please advise me how can save my money instead of  deposit to government of India?

Posts / Replies

[Pradeep Khatri]

No way out. For getting registration you need to furnish either, secuirty Bond or surity bond.

[Rakesh PATEL]

thanks for your answer.

Can you tell me what is surity bond?

thanks

[Pradeep Khatri]

Surity Bonds, under VAT/CST Laws are prescribed forms, which are needed to be submitted at the time of getting registration certificate, duly signed by two dealers duly registered with VAT/CST athorities of the same State who undertakes to pay the tax amount/ interest or penalty in case the main dealer does not able to pay the same.

[VIKAS KAPOOR]

no security to be deposited for DVAT Registration up to 30 June 13 , if applied online thru DVAT Site

http://delhi.gov.in/wps/wcm/connect/doit_tradeandtaxes/TradeAndTaxes/Home/Public+Documents/

 

Regards.. Vikas Kapoor