Opening new food shop (poha, khachori)..any tax liability


This query is : Resolved 

(Querist)
14 January 2014 Dear Sir's
I m planning to open one shop in faridabad to sell poha, khachori and various other food items and want to give one name to my shop.. please suggest how can i start up legally means should i need to start it as sole properiotership firm and take pan card and opening current account...

please note that it will be start up with small investment and for 6 months no big plans just to attract people to eat...

15 January 2014 You may go with proprietorship. Later on, whenever sale increases you may be required to get VAT registration etc.


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