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Arpit lalan (Legal Consultancy/Advocate)     17 August 2011

Export import business

Hello All,

           If one needs to start a Export Import Business then what are the Legal Formalaties. As in, does one need to register the Propreitor ship concern, is service tax applicable for availing the service of others (such as clearing and forwarding agents) by the firm. Does one apply for TDS registration. Also, I have been told that even Shops and establishment Act will apply since the defination in the act is that of any establishment having  'Commercial Activity' needs to be registered under the Shops & Establishment act.

Besides, what are the other Laws that would attract the business?? Please answer the above qyestions in details. Thanks



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 2 Replies

Mihir..... (Wealth Manager)     23 August 2011

You will need to obtain TAN number from NSDL website for deducting TDS from services provided by clearing and forwarding agents either u/s 194C or 194J as the case may be. 

 

Arpit lalan (Legal Consultancy/Advocate)     24 August 2011

Thanks. However, there are many other Registrations involved as well, if you could highlight those ??


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