Place of business

Others 419 views 2 replies

Hi All,

There is any  restriction for place of business in KVAT, like residential or Commerical Place e.t.c....,

Replies (2)

  Mr Roopesh Kumar,

  Certain matters are not expressly told in the law but are implied.Here a businessman wants to register himself as such,he should show his place of business.It can be a part of his residential building, having a seperate entry from outside. It should be possible to inspect a business premises by a govt official. If it is a residential accommodation a govt official needs a magisterial permission to enter it. Any books of a/c,documents ,stock and other evidences found in a business office can be taken as useful evidences,but not so , if it is also a living area. Similarly,a common area can not be accepted for two or more business activity,as it may also create many legal problems....MJK

  Mr Roopesh Kumar,

  Certain matters are not expressly told in the law but are implied.Here a businessman wants to register himself as such,he should show his place of business.It can be a part of his residential building, having a seperate entry from outside. It should be possible to inspect a business premises by a govt official. If it is a residential accommodation a govt official needs a magisterial permission to enter it. Any books of a/c,documents ,stock and other evidences found in a business office can be taken as useful evidences,but not so , if it is also a living area. Similarly,a common area can not be accepted for two or more business activity,as it may also create many legal problems....MJK


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