Board Resolution for VAT and Central Sales Tax Registration

The Value Added Tax, otherwise popularly known in short as "VAT". It is levied on goods sold, but not on services.VAT is a tax levied at multiple stages - at each stage of the value addition chain. There's a provision to allow input tax credit on tax paid at an earlier stage, the same can be appropriated against the VAT liability on subsequent sale.

One of the main reasons the VAT is now replaced with GST (Goods and Services Tax) in many countries is that - the consumer are mostly end up paying higher taxes than the others in the early ranks in the value chain.


Template of board resolution for VAT registration and sales tax registration by a company is given hereunder—

SAMPLE

“RESOLVED THAT (Name of the Director / Officer), (Designation) of the company be and is hereby authorized to sign, execute, move and file any forms, papers, any other documents and to take all the necessary action required for obtaining VAT registration in the State of ................ and further authorised to obtain the Central Sales Tax registration for and on behalf of the company.

FURTHER RESOLVED THAT (Name of the Director / Officer), (Designation) of the company be and is hereby authorised to delegate or authorise any other officer(s) and/or employee(s) of the company by way of power of attorney to collect and deposit various statutory forms from the department including pass book for VAT-D3 forms.

FURTHER RESOLVED THAT a copy of the foregoing resolution duly certified by any two Directors of the company be forwarded to the appropriate authorities in this connection.”