Seminar presented on the topic- Registration Of Dealers Under Central Sales Tax Act By, Shafia Umme Tabassum, , 6 th B'com A
BENEFITS OF REGISTRATION TO DEALERS : Pay taxes at lower rates In case of inter state trade or commerce, the dealer can collect tax from the buyer.
REGISTRATION Registration is of two types: compulsory voluntary
Procedure for registration
To be followed by the dealer: An application shall be made to proper authority Application is made in form a Dealer must choose one place of business as principal place. In case of- 1. compulsory registration, apllication is filed within 30 day of becoming liable under CST. 2.voluntary registration can be done any time. A fee of rupees 25 shall be paid with every application.
Contents of form -A
To be followed by the registering authorities: Authorities shall enquire as to the particulars mentioned in form-A. To check whether the registration fee is paid. If required to impose a security in cash or personal bond.
Reasons for demanding security: To ensure proper realization of sales tax. Proper use and custody of the forms issued to the dealer under the CST.
Grant of registration certificate: u/s sec7(3) Grant of registration certificate: u/s sec7(3)
Rejection of application
Any queries??