It company registration request

jknksk143 (Querist) 01 July 2023 This query is : Resolved
Respected Sir,
How are you? Hope you are doing well and good.
My Cousin have Interior Decoration Company license (Proprietorship) registered in Andhra Pradesh which is currently not in function due to his health issues. Now, he would like to start IT related company in the same license along with the same activity of Interior Decoration. So, he would like to know whether he can add the IT activity in the same license or should he have to register new license for this IT activity in Andhra Pradesh. I request you to kindly advise me on this. Looking forward for your valuable advise which would be highly appreciated.

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A query was raised regarding the possibility of adding IT-related activities to an existing proprietorship license for an interior decoration company in Andhra Pradesh. The advice given is that the business can continue with the same license, but the nature of the business will change. This change may necessitate paying Goods and Services Tax (GST) based on the turnover generated from the new IT activities. It was also suggested that the individual could continue with the same company and become a partner in the firm.

kavksatyanarayana (Expert) 01 July 2023
He can continue his business with the same license which was already taken.

jknksk143 (Querist) 01 July 2023
Sir, Thank you very much for your kind reply.

T. Kalaiselvan, Advocate (Expert) 01 July 2023
He can continue with the same license, the nature of business will be changed hence he may have to pay the GST as applicable to the turnover he makes in the new business.

Dr. J C Vashista (Expert) 02 July 2023
He may continue the same company and be a partner of the firm.

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