What all to consider to start new business??
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 April 2013
Dear sir, I wants to start a new business under which I will be purchasing tea from the wholesalers from Assam and then selling it to retailers in Rajasthan. I wants to know that wether their are any legal requirements that I need to follow. Also, should I take permission from the company for this? And what if I do not take this permission? Please do help me with appropriate answers.
04 April 2013
you are trader acting as market intermediary. the least requirement is to get registered wiht Central Sales Tax.
wait for some other suggestions.
wait for some other suggestions.
06 April 2013
you have to register under Rajastan VAT first and then under CST Act also.Purchase can be done against 'C' form(2% CST) and sale can be done in transit for reducing tax burden. It is only in the case of c&F agency you have to approach a particular company.........mjk
Message likes :
1 times
21 May 2013
The expert MJK is correct and for the second part do it in the name of your wife you need not take any permission from your company
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG Tax On residential property
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Under construction property in ITR
- Gift of mutual fund units to daughter
- Not able to file ITR
- Upload Level ValidationITR3Category of Defect B/D
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Building tax payment deduction in rental Income
- PPF interest-As Exempt Income disclosure
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
