Haryana Government will give Registration Certificate under Haryana Value Added Tax ( HVAT) Act, 2003 and Central Sales Tax (CST) Act, 1956 within one working day to the industrial units which are being set up on self owned premises or land.
A spokesman of Haryana Excise and Taxation Department said that to avail of this facility, the dealer would submit the necessary documents including attested copy of the title deed of the business premises self owned by the proprietor or Hindu undivided family or Firm or Company or Association of Persons or any of the partners and bank guarantee of Rs5 lakh each under the HVAT Act, 2003 and the CST Act, 1956, in favour of Assessing Authority. These documents, he said, would be in addition to the documents required under Rule 11(5) of the HVAT Rules 2003, alongwith the prescribed application.
On the receipt of application complete in all respects alongwith supporting documents, for grant of registration, the Assessing Authority would consider the application and if the application is found in order, would grant Registration Certificate on next working day. He said that all the Industrial Units which have been granted Registration Certificate within one working day, would be monitored by the Assessing Authority at least for two succeeding quarters from the date of registration.
Apart from this, a timeline of 15 days has been fixed for grant of registration or permission under section 10 of the Punjab Entertainment Duty Act, 1955, or Rule 8-A of the Punjab Entertainment Duty Rules, 1956.
He said the competent authority has been directed to dispose of the application for the grant of registration or permission within 15 days from the date of receipt of complete application in the office concerned.