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WWW.LEGALRAASTA.COMSALES TAX REGISTRATION GUIDE - INDIAHi, In this video the Legalraasta team will teach our all about the Sales tax registration in India its definition and characteristics

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APPLICABILITY OF SALES TAXWhat is a Sales Tax RegistrationSales Tax Registration is mandatory for any business entity with a turnover of over Rs. 5 lakhs engaged in the sale of goods in India. VAT is collected and governed by the State Government, so each State Government in India has distinct rules applicable for their State based on the type of good manufactured or sold.Sales Tax Registration is required if the annual turnover of the business crosses Rs. 5 lakhs in most states, though some states have raised this threshold limit to Rs. 10 lakhs. Once it crosses the threshold limit, it is mandatory to collect sales tax.When registered for VAT/Sales Tax, the manufacturer or trader is allotted a unique 11 digit number which will serve as the TIN Number for the business.

Now, what is the meaning of Sales Tax RegistrationSales Tax Registration is mandatory for any business entity with a turnover of over Rs. 5 lakhs engaged in the sale of goods in India. When registered for VAT/Sales Tax, the manufacturer or trader is allotted a unique 11 digit number which will serve as the TIN Number for the business.

CHARACTERISTICS OF SALES TAX

SALES TAX has multiple characteristicsVAT is a tax levied on sales of goods in India. Manufacturers and traders should obtain VAT registrations if their annual sales are more than Rs. 5 Lakhs (Rs. 10 Lakhs in some states.)

Vat is determined and collected by State Government so each state has different VAT rules.

No VAT is levied on goods exported from India.

DOCUMENT REQUIRED

You will need the following documents to register Sales Tax.ID Proof, Address Proof, Passport Size Photograph.

Also the following other documents need to be attested.Copy of PAN Card of Business (if available), EB Card with latest receipt, Rental Agreement (if rented property), Sale Deed/Property Deed (for owned property)

PACKAGES OF SALES TAX REGISTRATIONInclusionsBasic PremiumDrafting DocumentsFilling ApplicationProcessing ApplicationTIN NumberSales tax Return for 1 year

8,399Package price (Rs.)5,999You can either file the documents at the Sales tax government office in your respective territory or use Legalraasta services for registration of Sales tax

With LegalRaasta you can register Sales tax by filling a simple online form available online at our website. The package for Sales tax registration starts at rupees 5999.

About LegalRaasta and TeamAbout usWe are committed to helping you grow your business and add value through our expertise. We aim to deliver a hassle-free experience so that you can focus on your core business.

Our mission is to offer affordable, quick and automated professional services to clients. Through technology, we bring numerous government/ legal forms at one place and have simplified them to be fully understood by common man. Legalraasta.com is a one destination for your legal matters relating to:Forming any type of business entity (e.g., Pvt. Ltd Co, LLP etc)Filing individual and company returnHelping on company compliances such as ROC filings & minutesProtecting work through trademark & copyrightOur teamLegalRaasta.com has been founded by a team of Chartered Accountants and professional advisors. We currently have a network of 100+ professionals including experienced Chartered Accountants, Company Secretaries, Lawyers, Cost Accountants, Chartered Engineers and Bankers.Pulkit Jain, founder of Legalraasta, has over 5+years experience in CA and Legal domain. He has worked with the top CA firms in India and has served large corporate and MNCs

Legalraasta.com is Indias top destination for legal & company matters . We can help you in Forming any type of business entity (Example Private. Limited Company, LLP), filing individual and company return, Helping companies for their compliances such as ROC filings & minutes, protecting work through trademark & copyright.

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Why Choose UsCost effectiveBusinesses are always under intense time and cost pressures. With our great packages 40% savings are ensured compared to typical CA/ LawyerExpertiseBy teaming up with us , you will have an access to network of 100+ experts. You can gain the peace of mind in knowing that your accounting tasks are done properly by qualified, experienced and knowledgeable professionals in the field.Easy Online ProcessYou dont have to deal with the typical headaches involved with face to face meeting and visiting government offices. Our process is 100% online. Fill out simple forms and you are done!!Trusted We are a trustworthy partner which has been serving startups & companies for past several years. Our growth numbers stand as a testimony: 200+ clients100+ services30+ testimonials

Partner/ Affiliations

We are an e-filing intermediary and have been facilitating filing of hundreds of e-returns. We are also registered with e-mudhra for issue of Pan cards. There are multiple other associations with CA & legal firms. Our site has been secured by SSL to protect your personal & payment details

We are a trusted partner with multiple top level expertise and affiliation, and yet cost effective.

Contact UsCorporate officeB-186, Lok Vihar, Pitampura, Delhi 110034 IndiaOur team always endevour to serve you best. Feel free to reach out to us at:www.legalraasta.comMail: contact@legalraasta.com, M: +919999379929

So log on now at legalraasta.com for registration of Sales tax or mail us at contact@legalraasta.com