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Validity of this Certificate of Honour will remain in force for the next one year. You have to take Registration or Enlistment within 15 (Fifteen) days of arising the necessity of Registration or Enlistment. Registration or Enlistment shall take effect from the 1st date of the following month. Moreover, the annual turnover of your business shall determine applicability of VAT in the business. But without regard to the annual turnover of your business, you can pay VAT after VAT registration, if you so desire.