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Prakash (Querist)
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07 June 2014 hi, i have a query regarding KVAT registraion. 1. my client is having business of Glass framing activity and he has registered in 1976. Now is at the age of 75+, and he is unable to look after the same. 2. my client is having a son and he wants to register under vat for the same place and to do the same business and he wants to purchase all the closing stock lying in his fathers business. and subsequently his father will close the business. can anybody suggest what will be the KVAT impact. is it possible to registet under kvat in the same premises or only his father has to close the business and then only son will be eligible for vat registration in the same place.

Amol S Joglekar

Amol S Joglekar (Expert)
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07 June 2014 Yes. 2 or more businesses can be run from the same premises, no issues.

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