Varun Pandya (Practice) (69 Points)
16 April 2009X co., a registered assessee with single premises.
Shifts its business to anorther town and closes the earlier unit.
Would X co:
(i) Require to file Change of information in ST-1 under Rule 4(5A)
OR
(ii) be required to cancel the old registration and take up a new one for new premises?
Milan Somani
(CA)
(1456 Points)
Replied 16 April 2009
(i) Require to file Change of information in ST-1 under Rule 4(5A)
Varun Pandya
(Practice)
(69 Points)
Replied 16 April 2009
| Originally posted by :Milan Somani | ||
| " | (i) Require to file Change of information in ST-1 under Rule 4(5A) | " |
Are you Sure, he is shifting to a new City
Milan Somani
(CA)
(1456 Points)
Replied 16 April 2009
Varun Pandya
(Practice)
(69 Points)
Replied 16 April 2009
| Originally posted by :Milan Somani | ||
| " | (i) Require to file Change of information in ST-1 under Rule 4(5A) | " |
As per Rule 4(3A), any assessee having more than 1 premises needs to register each premises separately except if he is in position to take a Cenatralized registration.
This rule hints that registration is premises based, so in my view (ii) option would the the advisable option. Other views would be appreciated.
Ritesh Kumar
(Chartered Accountant)
(71 Points)
Replied 17 April 2009
X co required to file ST1 and required to give such decleration
Sameer
(.)
(252 Points)
Replied 17 April 2009
Dear Varun,
Surrender the old registration and apply for new registration in new town.
Regards
Sameer
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