Gst registration : composition scheme

This query is : Resolved

Manjunath (Querist)
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02 April 2018 Dear Sir,

My client has two business in the same state ( Same PAN).
One is Service segment and other is Trading. Total Turnover put together is below 1.5 Cr per year.
Now he is registered as Regular Tax Payer.
Is it possible to get registered under composition for trading sector and "Regular rate of Tax " for Service Sector ?

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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02 April 2018 Not possible. The only solution is registered h

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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02 April 2018 Not possible to do so. Only solution is to take separate registration for both business. & then take one under composition & other in normal scheme.

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Guest

Guest (Expert)

02 April 2018 No it is not allowed under GST Act.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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02 April 2018 No you can't do so

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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02 April 2018 Not possible. The only option is to e separate registration for both business.