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Legal compliance for starting up a courier service

hemal shah (Practising Chartered Accountant) (24 Points)

21 September 2012

One of my client is interested in starting up the business of courier services. Kindly let me know if he requires to take anyl license or other permissions to start the business.

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4 Replies

CA Ishaan (Chartered Accountant) (453 Points)
Replied 21 September 2012

You will have to find some law firm and ask about the permissions.

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CA Ishaan (Chartered Accountant) (453 Points)
Replied 21 September 2012

For tax, u need PAN No and other income tax formalities. For service tac, registration is needed in case ur turnover exceeds Rs 10 lakhs. Profession tax provisions should also be studied. VAT is not applicable nor excise. If u r going to undertake intermational courier services, customs and other allied laws may be applicable.

CA Ishaan (Chartered Accountant) (453 Points)
Replied 21 September 2012

CS RAJESH C.CHOUDHARY (ASSISTANT MANAGER) (14607 Points)
Replied 21 September 2012

Dear Hemal Shah,

is he starting it as partnership firm . if so partnership would have to be regd . if he is starting a company all formailites for formation of company have to be fulfilled .

in addition you would need service tax regsitration .

Regards,

RAJESH CHOUDHARY