We are planning for online sales (e-commerce). We have a TIN number. Is there any requirement for service tax or CST number?
Kuldeep Singh, Manku Systems
T G RAMESH — The TIN number is the VAT registration required as a dealer for the sale of goods.
In case you intend to provide taxable services apart from the sale of goods, you have to register with the service tax authorities once you reach a turnover of Rs 9 lakh of services revenue. The service tax limit for exemption is Rs 10 lakh.
CST registration would be applicable if you intend to make an interstate sale, and is applicable from the start. CST registration gives the benefit of a lower rate of tax on interstate sales, presently 2 percent.
You can visit Web sites such as allindiantaxes.com, legalpundits.com and tradeindia.com for sales tax-related queries. |