we are starting a new buisness on march this year that was a trading buisness actually as we starting our buisness with only 10000 capital so we dont applying for a tax id number from income tax department now when we sell our first item we given a bill to our customer and deducting a vat/cst the value comes 500 ruppes now sir i want to know how this tax is submitted to sales tax department as we dont have any tax id number so by which method we deposit this tax as we shown our genuiness
please provide answer and guidance in this regards
Asked on 7/19/11, 9:18 pm
2 Answers from Attorneys
You must take the sales tax registration number/ TIN number. Consult a VAT/ST Consultant for the said purpose and start paying the tax accordingly.
Regards
Answered on 7/20/11, 3:41 am
KarVai Legal Solutions
Rajiv Gupta 9811284735 Ch.No: 359, Western Wing, Tis Hazari, Delhi www.karvai.in
rightly advised
Answered on 7/23/11, 12:53 am
Related Questions & Answers
-
I am Indian citizen stayed in canada for 4 months, I paid tax in Canada..salaried... Asked 7/17/11, 7:19 am in India Tax and Taxation Law
-
We use dissolved acetylene gas for welding purpose in connection with manufacgture... Asked 7/16/11, 3:03 am in India Tax and Taxation Law
-
We use dissolved acetylene gas for welding purpose in connection with manufacgture... Asked 7/16/11, 3:01 am in India Tax and Taxation Law
-
We have received language translation service from German to English in German and... Asked 7/13/11, 8:40 pm in India Tax and Taxation Law
-
The agricultural land of a farmer was acquired by the Govt. The farmer has been paid... Asked 6/26/11, 12:47 pm in India Tax and Taxation Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
