What all to consider to start new business??

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

03 April 2013 Dear sir, I wants to start a new business under which I will be purchasing tea from the wholesalers from Assam and then selling it to retailers in Rajasthan. I wants to know that wether their are any legal requirements that I need to follow. Also, should I take permission from the company for this? And what if I do not take this permission? Please do help me with appropriate answers.

CA. Vikash Dwivedi

CA. Vikash Dwivedi (Expert)
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04 April 2013 you are trader acting as market intermediary. the least requirement is to get registered wiht Central Sales Tax.
wait for some other suggestions.

MJ Krishnamurthy

MJ Krishnamurthy (Expert)
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06 April 2013 you have to register under Rajastan VAT first and then under CST Act also.Purchase can be done against 'C' form(2% CST) and sale can be done in transit for reducing tax burden. It is only in the case of c&F agency you have to approach a particular company.........mjk

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