Need urgent suggestion, on Business registration document.

[Aashima k]

Hi All, I am just going to apply visitor visa for my parents from India. The very first document they are asking for Business registration no. but in India as a sole proprietor business there is no registration no. For that. For Sole proprietor they need to have business licence no. But my parents doesn't have that. What should I do ? What other document can replace business registration no.? Does anyone did that before? If yes, then with which document? Thanks

 

[Bryanna]

Hi All, I am just going to apply visitor visa for my parents from India. The very first document they are asking for Business registration no. but in India as a sole proprietor business there is no registration no.

That's not true.

A Sole Proprietor business/company must be registered under the 'Shop Act' and a 'Shop Act License' is issued.

Pre-July 2017, the sole proprietor was expected to further register the business/company for VAT, CST, Service Tax, Profession Tax (this one depends on the state where the business/company was operating), etc.

Post-July 2017, even a sole proprietor business is expected to register for GST. Depending on the income/turnover, the business/company may/may not file GST returns (if the income is below INR 20,00,000).... or opt for the composition scheme (up to a certain income limit).... or file returns as a regular GST payer.

And, of course, the PAN is required to be linked to the Aadhar Card.

For that. For Sole proprietor they need to have business licence no. But my parents doesn't have that. What should I do ? What other document can replace business registration no.? Does anyone did that before? If yes, then with which document? Thanks

There's no other way out other than what I have detailed above

 

[Aashima k]

Thank u so much dear for reply, my father has GST no. And adhar card linked with PAN and GST. Should I apply for shop Act licence or what document should I put on business registration column?

 

[Bryanna]

My suggestions:
1. Your dad must first apply for a Shop Act license

2. Then obtain a GSTIN number for the business (it can be for a sole proprietor)

3. Then open a business bank account

4. Most importantly, he'll need to show that the business is actively trading (company bank transactions for at least 3-4 months after Steps 1-3 + Purchase orders/works contracts + list of customers/expected business, etc)

 

[Aashima k]

We have Business Current bank Account on the name of the Business and from last 17 years, my father filled Income tax returns every year. Now he has GST no. Too..
He doesn't have any business registration no. Or license. He has a shop. That license can be apply from local municipality office??

 

[Bryanna]

We have Business Current bank Account on the name of the Business and from last 17 years, my father filled Income tax returns every year. Now he has GST no. Too..
He doesn't have any business registration no. Or license. He has a shop. That license can be apply from local municipality office??

A shop act license was mandatory even earlier. Not sure how he was able to open a business current bank account and/or file tax returns without the shop act license. Anyway.

He'll need to check if he can register online with the Labour Department or maybe visit the government authority which issues shop act licenses for the city/area where his shop is

 

[Aashima k]

Thankyou so much dear for your help. Now I got it what I need to do. Really appreciate for your help.