Procedure to change partnership to proprietorship
This query is : Resolved
NARAYAN YADAV
(Querist)
14 August 2015
Dear Sir,
1)Please let me know change in constitution from Partnership to Proprietorship.
2)Can i Continue with same MVAT NO.
Regards
Narayan Yadav
1)Please let me know change in constitution from Partnership to Proprietorship.
2)Can i Continue with same MVAT NO.
Regards
Narayan Yadav
Amol S Joglekar
(Expert)
14 August 2015
Dissolve the partnership.
Register the dissolution with Registrar of firms.
Make a mention of the same in the deed itself stating that so and so partner is taking over the business of the firm.
Intimate MVAT authorities of the closure of firm
Apply for the MVAT for the proprietorship.
Register the dissolution with Registrar of firms.
Make a mention of the same in the deed itself stating that so and so partner is taking over the business of the firm.
Intimate MVAT authorities of the closure of firm
Apply for the MVAT for the proprietorship.
NARAYAN YADAV
(Querist)
14 August 2015
Thanks for reply.
Sir, when i will apply for MVAT registration then I will get same MVAT NO or i have to apply for New Mvat No.
Regards
Narayan Yadav
Sir, when i will apply for MVAT registration then I will get same MVAT NO or i have to apply for New Mvat No.
Regards
Narayan Yadav
Amol S Joglekar
(Expert)
14 August 2015
The choice is with MVAT department.
As per the codes used in the TIN, they will allott new number.
As per the codes used in the TIN, they will allott new number.
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