pvt. ltd. & its divisions formation

585 views 1 replies

Hello everyone  !

 

We have newly formed a Pvt. Ltd. Co. & decided to form 2 divisions under main co. bifurcating the business in each i. e in one division import –export, in other OMS purchase from manuf co. etc. For this whether there is any procedure means is it required to pass any kind of resolution.

 

We have to obtain all kinds of registration with different depts – like TAN, Excise, VAT, CST, IEC, Service Tax, Professional Tax etc.

 

For all above registrations, can we apply for a single registration for main co. as all other are divisions of it. Then what about return - income tax & all other – whether it will be consolidated ?

 

We are doing import export transaction thro one of the division, then can we use the same IEC of new co. or we’ve to take separately for that division. Some are telling if we use the IEC of main co. then it’ll not match in custom’s data at the time of arrival of consignment.

 

You’re requested to explain about the procedure for other registrations also.

 

Pls. reply on this as early as possible.

Thanks

Thanks in advance

Replies (1)

You can have one IEC code for the company in which you can register various offices from where the orders will be placed.

 

If place of operations are different, then different excise registration will be required. VAT registration may also be kept seperate, if the operations are different and you want to manage them in that manner. However, for reducing the administrative work, you may have only one registration.

 

As regards, Income tax, TAN, you can have only one registration number.

 

A Board resolution may be required only if demanded by various govt. offices

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details