Starting new business

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 July 2013

dear sir / madam,

i m starting new business ( labour chgs for diamond polishing ) within a month & i m proprietor

expected turnover will be around 50 lacs

kindly advise where i have to register my new business ?

what i have understand that i have to apply for esic & stax is not applicable

kindly guide me

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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14 July 2013 since u providing diamond polishing business you are providing service hence u need to with service tax dept when u turnover exceeds 9lacs.

since you are forming company assumed private you need to get reg under companies act.