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VAT registration will be simpler,faster from Dec 1

The state government has announced on Thursday to simplify and make it faster transparent VAT registration procedure.

Written by Express News Service | Gandhinagar |
November 4, 2011 4:01:28 am

The state government has announced on Thursday to simplify and make it faster transparent VAT registration procedure.

Giving details of the important decision,Minister of State for Finance Saurabh Patel said the new procedure would come into effect from December 1,2011. A provisional number would be generated and issued within three days of submitting the application.

The application would be accepted in all the constituents across the state. However,special centres would be set up in six biggest cities,namely Ahmedabad,Vadodara,Surat,Rajkot,Gandhinagar and Bhavnagar,he added.

Besides the photograph,an individual or organisation will have to submit any one of the following documents Passport,Election Card,PAN Card,Driving Licence or UID. The Election Card will be needed for residential proof,and also the last Electricity or Landline Phone Bill.

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For business,the applicant has to submit Tax Bill of Municipal Corporation,Nagarpalika or Gram Panchayat for ownership or rented premises,copy of Sub-Registrar’s Document,Rent Lease Agreement,Certificate of ‘Gumastadhara’,Certificate of Registrar of Companies for Private/Public Limited,related documents for Partnership/HUF,as applicable.

The Minister said that Permanent VAT number would be issued after

physical verification of the workplace within 60 days of issuing the provisional number. In case,the Permanent Number could not be issued within 60 days,the Provisional Number will automatically be converted into Permanent one.

Immediate changes would be incorporated in the rules and regulations,if found necessary,he added.

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