I am running a proprietorship business for the past four years and filing everything related to IT for the past four years. But my question has nothing to do with my current business.
Is it advicable to open an exclusive showroom which only has things imported from China, like furniture and lightings without any Indian brands?
How should I be prepared documentwise for such a showroom?
What scrutiny may i face from other local showroom owners and sellers as my field work has given me results that I will be able to offer such imported products at rates 30 to 40 percent less than those sellers even after all import costs, taxes and a good margin?
What consequences may i face if I open such a showroom and file IT as a proprietorship firm?