Vat registration

Others 1727 views 17 replies

The complication that I am facing is regarding VAT Registration..

One Unit manufacturing Plastic (Say X) has obtained TIN No..It is proprietory unit and now the person wants to start

another unit (Say Y) which is in the same industry i.e plastic.

Do new unit (Y) need to obtain TIN Number or the same number is enough?

 

Plz Note that

Proprietor is same+ Nature of business is same i.e plastic + same jurisdiction..

 

Only The NAME changes...

Plz help

Replies (17)

Mr. Shah

Its depends upon in which state you are going to start new business. Suppose you are having business at Ludhiana Punajb as proprietary firm and want to do same business in same state at Jalandhar Punjab  with same constitution then the need of new registration does not arise at all. however if you want to change constitution of the business at new place then new registration will be required.even if you change the state from Punjab to some other state say Gujrat the new registration is required.

 

Mr Shah, it is such a coincidence that I was facing a similar problem just like yours. I did extensive research online and came through an initiative undertaken by Intuit Small Business India. They are offering this service for free and the CAs answer your queries ASAP. To get all your queries answered, all you have to do is login using your Facebook or Gmail account. I am sharing this link with you: https://bit.ly/Intuitsmbs

Hello sir,

If both the firm name is different you must registered both the firm in vat deptartment.Nothing a problem   if Prop.is same,same address,business is same.

 

with warm regard

manish sharma

 

I would like to thank all of you.

1 Mr Sanjeev Rana

  Sir, Both unit are in Gujarat that to even in the same city and same locality as well.

   Unit Name is different and constitution is same

 

2 Mr Vinod Ram

    Thank You for the useful link.I have posted my query there. I would appriciate if you can represent your conclusion on the topic since you have experianced the same.

 

3 Mr Manish

 

I am not getting exact answer of yours.

*

 

If the same registration persist then please tell me about the additional compliances that i should make. Like any form etc.

 

-Darshak

1. want to continue with same VAT registration and same name in same state.

You need to ammend your existing VAT registration certificate by adding a new unit with your current VAT registration number.

2. want to start new unit with new registration number in same state.

Apply for new registration.

3. in other state

new registration as a branch.

To

Mr Noorudin,

 

I want to start a new unit with new name and in same state and same proprietor..?

Existing registration is enough or not?

you need new registration of vat with your concern vat department as per your area of operations in new company name

To

Mr Noorudin,

Oh...Same proprietor and same business and same locality?

Only New Name...

Still New registration?

Am I right?

Yes new registration because it is considered as a new business and altogether new entity, and it needs to maintain different set of books of accounts. (i.e. 2 different businesses for one individual)

Mr. Shah,

If you will start the same business with same name, u only have to amend your VAT Registration certificate for additional place of business from the concerned dept, but in your case your are going to open an other business of place with diffrent name thats why u need to apply a new tin number and registration even the business or propriter is same.

 

Well Thank You All..

Those who are of the opiniopn that only one registration is enough,

Kindly tell me The Forms/Formalities to ammend VAT Registration Certificate..

In this situation you can apply for the Branch Certificat

 

But the name is different still branch certificate can be obtained?

How?

I am also a small business owner and the first thing that came to me befor taking a step further was my customer. What if he is not satisfied? So, I did some online research and found out this: https://smallbusinessindia.intuit.in/customer-service/customer-satisfaction-survey/. You should go through this site. I am sure, it will be of great help. 


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