What is MVAT Registration and Why It’s Required ?
Mumbai MVAT/CST or TIN Number is Indirect tax registration which is mandatory for the Charge VAT from the Customer through Invoice. so Ultimate Burden is on the customer but you have to recover the VAT from them and pay to the Maharashtra Government. even for the Register on Marketplace like Flipkart/Snapdeal/Amazon or for ecommerce business or trading or manufacturing concern need Maharashtra MVAT/CST Registration. its is mandatory registrationa when your turnover is crossed 10 Lac Rupees in a year but most of the startups apply for the MVAT in the starting of the business.
Documents Required for DVAT
- PAN card of the Proprietor.
- Adhar card or Voter id or Driving License.
- Business Place Proof like Rent Agreement & NOC from landlord or Electricity bills
Time Line for the Registration
MVAT Registration takes minimum 5 to 6 working days and Verification from the VAT Inspector takes time case to case basis.
MVAT Registration Government Registration Fee will be 5040/-INR and rest fee charge as Professional fee. MyOnlineCA Package Start from just 4999/- Rupees.