One of my assessee is in the business of manufacturing shoes which is a excisable product. Now they want to shift its factory from delhi to kundli & they want to shut down the factory of delhi. so all stock will also be transferred. Pls tell me what are the compliance as per Excise Act, sale tax and income tax also.
08 January 2011
First obtain registration under Haryana vat act and CST act in Kundli. transfer all the stock and machinery to kundli. Reverse applicable tax in Delhi.At lat close firm at delhi . File DVAT-09 IN Delhi Vat Deptt.Inform new address to Income Tax Deptt. in PAN, TAN.
CAclubindia
