1) there is no formal procedure to register a sole proprietorship as sole proprietorship is regarded as an extension of sole proprietor

2) once you obtain licencse under shop and establishment act from municipal corporation you would be be assessed to property tax at commercial rates . you have to apply to municipal corporation in this regard

3) you have to apply to service provider of electricity connection that you are using premises for commercial use

4) you have to inform muncipal corporation that premises are being used for residental purposes only and to convert commercial to residential use

5) you have to apply for service tax registration as business involved in providing service are required to collect and remit service tax

1) apply forPAN card in name of proprietary concern

2) you can file income tax returns of the concern

3) wait for GST to be enforced and then apply for registration

1. As a business owner of a shop or establishment, you are compulsorily required to get the same registered under the Shops and Establishment Act. Submit an application in the prescribed form to the Inspector of the area within 30 days of starting any work in your shop/establishment. The details of information to be furnished shall be seen from the prescribed form itself.

2. While planning to step into the world of business, you need to draw up not only your business plan, product/service model, financing options, but also make a comprehensive list of all the compulsory regulations that your business entity will have to comply with such as the taxation legislation, licensing requirements, etc.

Conversion of residential place to commercial place will depend if you are the owner or tenant in the property where the intended business is proposed to start.

3. This is again the local law. For commercial establishment the electricity consumption charges shall be accordingly ie., differing to the domestic usage.

4. Firstly you enter into a rental agreement between you as a proprietor of the proposed company with yourself as a owner or landlord of the property.

This arrangement shall answer your questions that may arise in the future.

5. You should be having a proposal of what kind of business you are going to do, even if it is online and the mode of business and plans of business.

So you may give a gist of your activities and name them as business activities, submit it in the form of an affidavit along with the application for registration under shops and establishment and Comply with necessary formalities and the rules therein.

1) We have not crossed the Rs. 9 Lakh revenue threshold that allows service tax registration waiver. Is it possible to furnish any other proof in place of service tax registration ?

Service tax is a tax levied by Central Government of India on services provided or to be provided excluding services covered under negative list and considering the Place of Provision of Services Rules, 2012 and collected as per Point of Taxation Rules, 2011 from the person liable to pay service tax.

Service tax provider can avail only exemption for the small service providers exemption in India.

The current service tax exemption limit is 10 lac Rupees per Annum for paying service tax but 9 lac Rupees turnover for the Service Tax Registration.

A small scale or individual service provider can enjoy service tax exemption, if its total turnover of taxable services does not go beyond Rs. 10 lakhs in a single a financial year.

• The recipients are exempted from paying service tax for the goods and services received from the service provider, if there is written proof indicating the value of the goods and materials and no credit of duty is paid on such goods and materials, and if the services have been rendered under the CENVAT

2) If service tax registration is the only option then is it a right time to register for service tax in view of the upcoming GST law ? Do you suggest to wait for GST law to be enforced and then register for it directly in next financial year ?

It depends on the prevailing atmosphere in your side. The promulgation of GST rules would enable you to identify more arena in this regard and the correct procedures to be followed subsequently, however that has nothing to do with the present situation.

3) Can I register service tax in name of my brand like "XYZ Consultancy Services" or the proprietorship registration for service tax is done in name of the applicant that is me ?

The registration should be made on the name of the firm/company which is the service provider and would charge service tax from the user