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First Stage Dealer - Change In Constitution from Proprietor to partnership

Central Excise - Started By: - fenil sanghvi - Dated:- 26-5-2016 Last Replied Date:- 28-5-2016 - I have one query regarding consequences / procedure to be followed in case of change in constitution of first stage dealer from Proprietorship to partnership.The case is proprietor is already running business as a first stage dealer and now has transferred his all asset and liability to newly formed partnership firm in which he is also a partner. My query is in such a situation how can proprietor tra .....

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ation no. will be issued. Go through Point No. 9 & 10 of Notification No.7/15-CE(NT) dated 1.3.15 which is appended below:- (9) Transfer of Business or acquisition of factory : Where a registered person transfers his business to another person, the transferee shall get himself registered afresh. Where an applicant has acquired an old factory from a Bank or a Financial Institution, he shall get himself registered afresh. (10) Change in the Constitution : Where a registered person is .....

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