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Provisions applicable for jcb dealers

Aashita Kalra (CA Fianlist) (28 Points)

16 February 2017

Dear Sir/ Ma'am, One of my client in office is dealing as a commission agent in second hand JCB machines. Now he want to open a current account bt he is facing a difficulty due to lack of address proof. he is working from home. How can he get himself registered.

Please reply ASAP.

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4 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (170075 Points)
Replied 16 February 2017

Get shop & establishment registeration of his properietorship firm, at his residential address. He can open current acc based on that, and even register with VAT/ST, if required.

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Aashita Kalra (CA Fianlist) (28 Points)
Replied 17 February 2017

Thank you for your attention sir. We are also considering the same but are there any further compliances after getting the registration. Also, one of the shop and commercial establishment deptt. coordinator has told us that taking registration at residential premises is not posiible.

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (170075 Points)
Replied 17 February 2017

Now a days most of freelancers are operating from non-commercial spaces, & the number is increasing. There are some procedure to be adoptetd like ownership/rent agreement/ NOC in the name of proprietor etc. Some of the professionals are having residence as additional office!