Regarding opening new pvt. ltd company

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Yogesh phopale (Querist)
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10 August 2013 Respected Sir,i want to start new pvt Ltd company in stone crusher and fly ash brick work.Right now i do have strong assetts and profit from previous earthmoving Company.please Guide me

CA Suresh Jain

CA Suresh Jain (Expert)
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10 August 2013 It is not clear what advise you want

Asha Kanta Sharma

Asha Kanta Sharma (Expert)
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20 July 2025 Starting a Private Limited Company (Pvt. Ltd.) for a stone crusher and fly ash brick manufacturing business is a strategic decision. Given that you already have assets and profits from your existing earthmoving company, you’re in a good position to expand.

Here’s a step-by-step guide to help you get started:

✅ Step-by-Step Guide to Start a Pvt. Ltd. Company:
1. Decide on the Company Name

Conduct a name availability check on the MCA (Ministry of Corporate Affairs) website.
Name must be unique and comply with the Companies (Incorporation) Rules.
2. Apply for Digital Signature Certificate (DSC)

Required for all proposed directors to sign forms online.
You can apply through certifying authorities like eMudhra, Sify, or others.
3. Apply for Director Identification Number (DIN)

File Form DIR-3 with MCA (in most cases, this gets covered under the SPICe+ form during incorporation).
4. File Incorporation via SPICe+ Form

This includes:
Incorporation (Form INC-32)
Name reservation (Part A of SPICe+)
PAN & TAN application
EPFO & ESIC registration
Opening of bank account
GST registration (optional at this stage but recommended)
5. MOA and AOA Drafting

Memorandum of Association (MOA) and Articles of Association (AOA) define the business scope and internal governance.
6. Get the Certificate of Incorporation

Once forms are approved, ROC will issue the Certificate of Incorporation, along with Company PAN and TAN.
⚙️ Post-Incorporation Compliance:
Open Company Bank Account
Use the documents received to open a current account.
Apply for GST Registration
Mandatory if your turnover exceeds ₹40 lakhs (₹20 lakhs in some states), or if inter-state supply is involved.
Apply for Pollution & Mining Licenses (if applicable)
For a stone crusher unit, environmental clearance, mining permit, and pollution control NOC are mandatory.
Contact State Pollution Control Board and Mining Department.
Factory/Industrial License (for fly ash bricks)
Required under Factories Act, especially if labor and power machinery are involved.
Register under MSME (Udyam)
Helps you access subsidies, lower interest rates, and government schemes.
📊 Accounting & Tax Considerations:
Maintain books of accounts as per Companies Act.
File income tax returns, GST returns, TDS returns regularly.
You may consider opting for presumptive taxation (44ADA/44AE) if eligible, but generally not advisable for companies.
👷‍♂️ Industry-Specific Notes:
Stone Crusher: High scrutiny from pollution and mining regulators. Proper zoning and location approval are vital.
Fly Ash Bricks: You can also seek tie-ups with nearby thermal power stations for raw material.
🚀 Suggestions:
Since you already have an earthmoving business:

You may consider transferring some assets or contracts to the new company, if legally viable.
Consult a CA/CS for valuation, tax implications, and group structuring if you plan long-term scaling.

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