Need A Financial Product Forums Tax Savings What is a Sales Tax ID number?

This topic contains 1 reply, has 2 voices, and was last updated by  Thomson 3 years, 5 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
  • #47416


    What is a Sales Tax ID number?


    Nikita Shah

    Sales Tax is paid by all dealers on the sale of any goods made by the dealer in the ambit of inter-state trade or commerce activity. A Sales Tax ID number is essentially a business version of an individual’s social security number, under the ambit of which the person collects and pays the tax for any service or product you sell which eventually qualifies for taxation process in your state.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

About Us

Simplypaisa, a web initiative by Elite Wealth Advisors Ltd, has the primary objective to help readers make smart financing decisions. What is smart finance? How to make smart financing decisions to procure assets or to meet one’s personal needs? Information is critical to make smart financing decisions: be it to purchase your dream house, a car, to start a business or to enable an entrepreneur to meet his/her working capital needs.Read More...


Elite Wealth Advisors Ltd.
S-8, DDA Shopping Complex,
Near Jeevan Anmol Hospital,
Mayur Vihar Phase-1, Delhi-110091.
Phone No: 011-42445800
Email :

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.