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Madhur Jain (AM (CS & LEGAL))     16 August 2011

Business conducting agreement

Hi

 

Can any body pls tell that If I do a Business Conducting Agreement(For opeining Retail Store) in Nagpur, then the same needs to get Registered?

I also have to pay Service Tax on payment of monthly guarantee charges ?

 

.   



Learning

 3 Replies

adv. rajeev ( rajoo ) (practicing advocate)     16 August 2011

You have to apply for the VAT.

Adv. Sanjay (Lawyer)     16 August 2011

You need to take a license for running a retail shop from the concerned authority and as it is a business you have to bear the sale-tax, commercial-tax and the income-tax also. 

N RAMESH. (Advocate Chennai. Formerly Civil Judge. Mobile.09444261613)     18 August 2011

Business Conducting Agreement is not required to be registered.


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