Want to start online business

Ariyaan (Querist) 09 May 2016 This query is : Resolved
Sir,
I want to start my own business. I don't have any company name or registration. I want to start online selling business. It will be a sole proprietorship business.

But to be a online seller following requirements need to be fulfilled:
a) PAN Card Scan copy
b) Cancelled cheque scan copy
c) Billing and Dispatch Address
d) TIN/VAT/CST No. (exemption in case of non taxable items like handicrats, unstitched clothing etc)
e)You can be any of the following: Manufacturer, Wholesaler, Distributor, Retailer

Now my questions are :
1. As I don't have any company name so can I introduced my own PAN card?
2. I want to sale costume jewellery like earrings, nose pins etc. Are these products come under handicrats?
3. What more documents should I have had?

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Devajyoti Barman (Expert) 09 May 2016
COMMERCIAL QUERY.
MEET A LOCAL LAWYER OR CA.

R.K Nanda (Expert) 09 May 2016
commercial query.

Rajendra K Goyal (Expert) 09 May 2016
Discuss with the consultant in the field.

Guest (Expert) 10 May 2016
Proprietorship form of Business organization to start business is very easy.

There are very few requirement under law to do proprietorship business unless until that business is governed by any any other law .

1) What exactly you want to sell, will determine law affecting the business (Including Central and your State law additionally if inter state then law governing various state too require to be studied. )

2) You need to short list all Acts governing that business directly /indirectly.

3) Once you short list those act then you need to fulfill all its legal obligation.

4) In Mumbai I was chatting with hotel shop owner he requires around 10 Registration , Chemist 20 , Tea shop owner 5 .

This is complexity and here is position where Govt/Semi Govt/Local Govt officers earn lot bribe .

Guest (Expert) 10 May 2016
All this registration are mentioned in various complicated Acts governing each sector.

When Act will reduce then only complexity will reduce till then nothing can take place

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