MSME related query
yatin talwar (40 Points)
31 March 2022
If a proprietarship firm registered in MSME and now converted in company whether any changes in MSME required. ?
5 Replies
Kesavaraj S
(578 Points)
Replied 01 April 2022
You have to apply for MSME again because if the constitution changes PAN also changes ie, Propritorship to Company.So, You have to apply for MSME again with Company PAN...
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 01 April 2022
All assets and liabilities to be planned to insert in the companies accounts if it is part of the conversion.
You must apply for New PAN .
You have to apply again for MSME registration..
You must apply for New PAN .
You have to apply again for MSME registration..
CA Puja Sharma
(Chartered Accountant)
(5010 Points)
Replied 01 April 2022
You have to apply for a new MSME registration because the PAN of the Company will be different from that of the proprietorship Firm.
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 01 April 2022
Change in constitution doesn't automatically change in registration..New application is mandatory for MSME of company
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