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Do I need to register for VAT or ST or any other Tax when I register a Pvt Ltd company in Bangalore or India?

+2 votes
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Do I need to register for VAT or ST or any other Tax when I register a Pvt Ltd company in Bangalore or India?
or
Do I need to register for whenever there is net income 1 crore or more?
or
I don't need to register for any tax, but just pay whenever there is 1 crore net income tax limit.

posted Apr 2, 2015 by Priya Ranjan Kumar

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1 Answer

+1 vote

VAT registration is required for any business that is into sales either by way of trading, manufacturing etc. (its not related with 1 Cr)
Service Tax is exempted till 10L INR so whenever your services crosses 10L you can register before that it is not required.
In Karnataka there is one more tax called Professional Tax which is must.

answer Apr 2, 2015 by Salil Agrawal
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