kvat registration

Post on 23-Jan-2015

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Karnataka Value Added Tax is one of the fields we excel at. B C Shetty & Co. are specialized in this field. This Presentation describes all the requirements that one needs to get themselves registered.

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VAT Registration AndVAT Certificate Amendments For Additional Place Of Business

DOCUMENTS REQUIRED FOR VAT REGISTRATION

In case of a Company/Partnership Firm/ Proprietorship• Copy of the rental agreement of the business Premises, where the

Business is carried on.• Four Passport size photographs of Proprietor / Partner / Director

(Each).• Copy of Address Proof(Rental Agreement or Tax paid Receipt)and

Identity Proof( pan card/Driving License/Passport). In case of Foreign Director, a copy of Passport and visa copy to be produced.

• A copy of the electricity bill is mandatory.• Authorization letter from the dealer for representing before the

Vat department.

In case of a Company/Partnership Firm/ Proprietorship• Copy of the rental agreement of the business place/ Godowns

where the goods are being kept.• Copy of the address proof, ID proof of the Proprietor /

Partner / Director.• Four Passport size photographs of Proprietor / Partner /

Director.• A covering letter stating the additional place of business• A copy of the electricity bill is a mandatory requirement.• Any dealer having more than one place of business in

different locations within the State is required to make a single application in respect of all such places..

• The original VAT certificate

DOCUMENTS REQUIRED FOR ADDITIONAL PLACE OF BUSINESS

PROCEDURE FOR VAT REGISTRATION

• We have to file an online application in the website- ctax.kar.nic.in and upload all the scanned documents.

• The hard copy of all the documents to be submitted to the department.

• The inspector will verify the documents and if he is satisfied with the documents produced, he will come for inspection within 7 days of Documents submission.

• He will verify the premises and make sure that the business is being carried out at such premises. (Name Board is mandatory)

• After the inspection, officer will approve the online applications and on receipt of Refundable Security Deposit, grant the certificate.

• The whole procedure would take a total of 15 working days from the date of submission of all the documents.

• If the dealer wants Central Sales Tax registration, he has to enable the option in the online application form.

• Once all the said documents have been submitted, there will be an inspection which would take seven days, after which the certificate will be issued in a further 7 days. (The whole procedure would take a total of 14 working days from the date of submission of the documents).

• The original VAT certificate would have to be surrendered so that the new certificate can be issued.

PROCEDURE FOR ADDITIONAL PLACE OF BUSINESS

Form To Be Filled Out.

FOR VAT REGISTRATION.

FOR ADDITIONAL PLACE OF BUSINESS.

PRICING FOR VAT REGISTRATIONFor A Private Limited Company• Consultation Fees : Rs. 10,000• Government Fees(Application) : Rs. 500• Government Fees(Professional Tax ) : Rs. 2,500• Refundable Security Deposit ** : Rs. 10,000

For A Private Limited Company(Registered Outside Karnataka)• Consultation Fees : Rs. 25,000• Government Fees(Application) : Rs. 500• Government Fees(Professional Tax ) : Rs. 2,500• Refundable Security Deposit** : Rs. 25,000

For A Partnership Firm• Consultation Fees : Rs. 8,000• Government Fees(Application) : Rs. 500• Government Fees(Professional Tax ) : Rs. 1,000 (Per Partner) • Refundable Security Deposit** : Rs. 5,000

For A Proprietorship• Consultation Fees : Rs. 6,000• Government Fees(Professional Tax ) : Rs. 1,000• Refundable Security Deposit** : Rs. 3,000

**Amount subject to actuals

PRICING FOR ADDITIONAL PLACE OF BUSINESS

• Consultation Fees = Rs. 8,000

PRICING FOR VIRTUAL OFFICESLOCATION LIST PRICE NAME BOARD

EMBASSY GOLF-LINKS BUSINESS PARK -BANGALORE

Rs. 1750 Per Month Rs. 1000 Per Month

MANYATA EMBASSY BUSINESS PARK -BANGALORE

Rs. 1500 Per Month Rs. 1000 Per Month

CONTACT US

BC SHETTY & CO. #137, Ground FloorBetween 4th and 6th Main, 15th CrossMES College Road, MalleshwaramBangalore-03Contact PersonCA SarvothamaPh.:- +919980822133Email:- sarvothama@bcshettyco.com

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