I am opening a company soon. Do I need to register for VAT?
I am not manufacturing and selling anything in India. The turnover will be well above INR 1000000 annually.
I will be paying a nominal fee of $49 per product to a UK company and the designing, editing, proofreading etc will be done by freelance employees or regular hired ones working in my company. The business is publishing books, magazine and online content.
Asked on 5/16/15, 3:50 am
1 Answer from Attorneys
yes 1) you have required register for vat ,if you are sales of goods online .
otherwise , you have to service tax pay .
Answered on 5/16/15, 4:22 am
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