Legal Question in Business Law in India
I have started a business of unstitched materials and its been 1.5 yrs now, However I thought of selling my products at snapdeal.com but they are asking for VAT/TIN/CST, Can I apply for it even now as its been a while I have started my firm and what all documents do I require for it and moreover as unstitched materials are exempted from VAT, is it necessary to pay VAT for the sold products.
Please revert at the earliest of your convenience
Asked on 5/09/16, 7:48 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
09.05.2016
Dear Sir / Madam,
Yes, you can apply for VAT / TIN / CST now even though you have commenced business a year and six months ago. You can either do it yourself or you may contact a local Chartered Accountant in your vicinity to get the necessary registration formalities completed.
Regards,
Answered on 5/09/16, 9:38 am
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