Ostroff, Fair and Company
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Is it mandatory to register our firm with the tngst act for export purposes?


is it mandatory to register our firm under the tngst [tamilnadu general sales tax act] for export purposes

Unless you have a Sales Tax Registration, you cannot raise a bill and export the same.
If you intend to export 100%, then you need not register with Sales Tax authorities, however it is always advisable to obtain a sales tax number.
It is always recommended to go for a sales tax registration that will be of great help to your concern at times..
funchn
i think tngst is scrapped and VAT is brought in. for vat you need to register.
The TNGST Act says if your Turnover exceeds Rs.3 Lacs you should have a registration. It would be better to have a registration since you will be transporting your goods from your Factory/godown to port/point of export and you dont have to explain at the check post. - V.P.Mahesh,STP
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