one proprietor & two different firm name
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 July 2011
Sir,
Query : One Proprietor with PAN no and his firm register under sales tax.
My query is,In GOA he make first sales tax registration under name ABC(retailer firm)and then after one year he wish to start another firm with different name & same business activity.Both of firms proprietor is same person and same PAN no. it is neccessary to take seperate VAT No.for second firm or not?
Query : One Proprietor with PAN no and his firm register under sales tax.
My query is,In GOA he make first sales tax registration under name ABC(retailer firm)and then after one year he wish to start another firm with different name & same business activity.Both of firms proprietor is same person and same PAN no. it is neccessary to take seperate VAT No.for second firm or not?
MJ Krishnamurthy
(Expert)
24 July 2011
Mr Author,
In the same premises you can not start another firm in different name.In any other plaqce,under a different name,you need a new registration,although PAN no is common.In a different place, if same name is used,it can be declared as a branch,without going for a new registration.
MJK
In the same premises you can not start another firm in different name.In any other plaqce,under a different name,you need a new registration,although PAN no is common.In a different place, if same name is used,it can be declared as a branch,without going for a new registration.
MJK
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