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Urgent requirement

Shanendra (Service) (37 Points)

20 January 2011

I have started a company, Pvt Ltd. i have my IEC code, company registration, ...now i want to apply for Sales Tax number.

But the problem is I want to import one shipment which is in Taiwan right now from this IEC code, could you please suggest me how can i get this shipment without any sales tax number?

Please suggest!!!

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2 Replies

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 20 January 2011

Originally posted by : Shanendra
	I have started a company, Pvt Ltd. i have my IEC code, company registration, ...now i want to apply for Sales Tax number. But the problem is I want to import one shipment which is in Taiwan right now from this IEC code, could you please suggest me how can i get this shipment without any sales tax number? Please suggest!!!

there is no bar to import without VAT/CST, you will be treated as "unregistered dealer" and maximum rate of vat would be applicable.

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Shanendra (Service) (37 Points)
Replied 22 January 2011

Originally posted by : U S Sharma
	Originally posted by : Shanendra there is no bar to import without VAT/CST, you will be treated as "unregistered dealer" and maximum rate of vat would be applicable.