Expansion of Business at new place
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 October 2010
Sir,
URGENT.............
We are undergoing expansion through IPO issue and the new unit will be at the different place from existing unit. we are presently incurring certain expenses regarding expansion project i.e.-project report, IPO regarding services, etc.
So, my querries for above details is:-
1. Whether we are required to take new ST And excise registration number?
2. Whether we can take ST & Excise credit for expenses incurred for the such new project in our existing plant ? if yes when?
3. Pls give details, regarding any provision for the above matters.
Pls give reply on urgent basis.
URGENT.............
We are undergoing expansion through IPO issue and the new unit will be at the different place from existing unit. we are presently incurring certain expenses regarding expansion project i.e.-project report, IPO regarding services, etc.
So, my querries for above details is:-
1. Whether we are required to take new ST And excise registration number?
2. Whether we can take ST & Excise credit for expenses incurred for the such new project in our existing plant ? if yes when?
3. Pls give details, regarding any provision for the above matters.
Pls give reply on urgent basis.
29 October 2010
As per my view,
1. Make necessary changes in ST and excise registration form, showing multiple premises.(not need to make new registration)
2. In Service tax amendment form, you have to mention centralized Billing location and branch location.
3. Services provided at new location (branch) can be shown in same old location Return
4. As considering expansion of business, ST and excise paid on expenses incurred for new premises, credit allowed in old premises business.
1. Make necessary changes in ST and excise registration form, showing multiple premises.(not need to make new registration)
2. In Service tax amendment form, you have to mention centralized Billing location and branch location.
3. Services provided at new location (branch) can be shown in same old location Return
4. As considering expansion of business, ST and excise paid on expenses incurred for new premises, credit allowed in old premises business.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Difference between Date of Payment and Date of Deduction?
- Unregistered suppliers utility
- ITDS U/S.194T of Firm
- EXPORT COMMERCIAL INVOICE HSN CODE
- GST Rate for Catering Services
- LIC maturity claim whether taxable
- TDS AND ITR ISSUE
- Non-Compliance documents have not been submitted by the contractors debited
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
