+91-11-41729056-57, 41729656

WELCOME TO ASC GROUP

ASC Group is India's leading consultancy group with a dynamic team of

more than 150 people. Founded in 1995 as a CA firm, we have now grown
manifold and established a global presence with 4 branch offices and
46associate offices spread across India and USA.

+91-11-41729056-57, 41729656

Importance of VAT Registration

1. Traders manufacturing goods in India need to apply for Value added Tax
(VAT) registration.
2. VAT registration had replaced sales tax in India and it is synonymous
with CST Registration or TIN registration
3. VAT is a multi stage tax with provision to allow input tax credit (ITC) on
tax at earlier stage
4. It is governed and regulated by State Government and hence each state
applies distinct rules applicable for their state based on type of goods
manufactured or sold
5. It is a mandatory step for all traders and manufacturers having a
turnover of more than Rs 5lakhs per year and Rs 10lakhs in some
states.

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important requirement for VAT registration

1. Filling up of VAT application form without any errors
2. Central Sales Tax (CST) Registration Certificate
3. Professional tax registration
4. PAN details of the main businesses owner of the company
5. Bank account details of the main business owner of the company
6. Business entity needs to furnish the details of business activities the
company is engaged in
7. if the company has acquired an office space on rental, it needs to provide
the rental agreement
8. copies of documents such address proof, personal I.D and complete postal
address of the business owner, directors and other important officials
9. Four latest passport size photographs
10. For partnership firms, the applicants needs to submit an additional copy
of partnership deeds

+91-11-41729056-57, 41729656

Are VAT /TIN/ CST are the Same?

1. The three of them that is VAT/TIN/CST use same unique 11 digit
number
2. They are the same and obtains VAT registration from state
authorities and it suffices as the TIN or CST registration as well.

+91-11-41729056-57, 41729656

Where is VAT exempted?

1. Goods that are exported from India, VAT is not applicable
2. Even exporters of India also do not need to pay VAT for goods
3. All exporters need to mandatorily apply for VAT registration

+91-11-41729056-57, 41729656

Who can help with VAT registration services?

1. ASC Group, is a company which specializes in offering single
window VAT solutions.
2. They also have good partners wirth regional players to help
business comply by State laws and regulations
3. From return filing to issuance of Forms related to VAT law of all
states of India, businesses receive complete assistance time to
time from ASC group professionals.
4. Offer genuine consultation service to stremline the complex
procedure of VAT services

+91-11-41729056-57, 41729656

73,
National
Park
Lajpat
Nagar
IV,
New
Delhi
110024
INDIA
P:+91-11-41729056-57, 41729656/57

+91-11-41729056-57, 41729656

http://www.ascgroup.in