Revised Security Deposit for Registration
GOVERNMENT OF MANIPUR
DEPARTMENT OF TAXES
Imphal; the August, 2014
No. Tax/3(40)/IMP/2005(Pt-I)/168. In supersession of previous orders issued in this regard and in exercise of the power conferred under Sub-section (l) of Section 26 of the Manipur Value Added Tax (M VAT) Act. 2004, The revised minimum security amount is hereby notified for different categories of applicants as detailed below to be furnished/paid by the new applicant in prescribed manner at the time of granting certificate of registration under Section 24 and 25 ofthe Act ibid. Table for security deposit amounts.
Table for security deposit amounts.
|Category of Aplicant||Minimum Security amount to be paid/furnished|
|1.||Trade Distributor/Wholesaler||Rs. 15,000/-|
|2.||Trade Retailer||Rs. 8,000/-|
|3.||Manufacturer of Medium and small scale industry||Rs. 8,000/-|
|4.||Manufacturer of large scale Industry||Rs. 15,000/-|
|5.||Works contractor (Class II or below)||Rs. 6,000/-|
|6.||Works contractor (Class I and Above)||Rs. 15,000/-|
|7.||Company registered under the Company Act||Rs. 25,000/-|
|8.||Government Deptt.,/Local Authority or Body/Corptn or Govt. Company/ Board. Govt. society.||Rs. 25,000/-|
|9.||Any others which are not specified above||Rs. 15,000/-|
This notification will take immediate effect.
( Dr. Shailesh Kr. Chourasia)
Commissioner of Taxes,
l. Deputy Commissioner of Taxes, Manipur
2. All ACTs/Supdt, of Taxes/OC Out-post/Check.post
3. Notice Board.