A person has decided to start a small leather belt manufacturing unit. He/she is not aware of the various formalities involved in the process of setting up the unit. Explain to him/her the procedure.
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Answer:
A Person Has Decided to Start a Small Leather Belt Manufacturing Unit. He/She is Not Aware of the Various Formalities Involved in the Process of Setting up the
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Sole Proprietor Industry License
Explanation:
A few general factors and guidelines to be followed while starting a business:
- Service tax registration
- name of firm / business
- Obtain PAN number From Income Tax Department
- VAT / GST Registration
- Employee Provident Fund
- Shop and Establishment License
- Custom Duty
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