Mahesha (Manager-Sourcing) (110 Points)
18 May 2011Hi Friends,
Few of my friends started a biz from their home and they registered a company by providing their home address as registered office address. They have few questions:
1. Is this OK if they give their residence address (which is registered office address) as place of biz for VAT registration under KVAT ?. will there be any objections by VAT authorities ?.
2. Is there any rental agreement required for applying during KVAT registration ?.
Kindly reply for their queries
Mahesha
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 18 May 2011
1) you have to get a certificate of enlistment from local municipal body in name of biz
2) the the property is owned by your friend then no agreement needed, but if rented, then he need a NOC from landlord
CAclubindia
