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takeover of proprietor by pvt ltd co

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(Querist)
06 September 2009 we have formed a pvt ltd co and plan to take over our own proprietry co by an agreement Do we take new sales tax no and excise regn?Also our works is in midc leased so if transfer of name in midc records ?weare taking over all assets and liabilities and existing proprietor is a director in tha new pvt ltd co MIdc has leased to our co op socity so we can add this new member in society records without paying transfer charges to midc ?
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barkha

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barkha (Expert)
06 September 2009 yes u hav to take new sales tax & excise regst in the name of the co. also u have to inform the midc about the change
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