Applying for GSTIN number


31 August 2024 My friend and I are planning to start selling on Amazon, and we need a GSTIN number to proceed. We're considering using one of our personal PAN numbers to obtain the GSTIN. However, we don't have a dedicated office space, so we're wondering if we can use our home address for verification purposes. Additionally, we're concerned about whether a physical verification of the address will be required. If we use a personal PAN card instead of a firm's PAN card, what impact will this have on our tax filing? Please provide us some guidance on this.

31 August 2024 YES YOU CAN TAKE GST NO FROM YOUR PERSONAL PAN NO.
PHYSICAL VERIFICATION CAN BE DONE BY GST DEPT WHETHER HOME ADDRESS OR BUSINESS ADDRESS.
NO GST TAX IMPACT WHETHER USE PERSONAL PAN OR FIRM PAN. YES FOR INCOME TAX PURPOSE TAX COMPLAINCE CAN BE DIFFER.


31 August 2024 Thanks for your response. Could you please explain the tax compliance aspect you mentioned? For example, if my PAN card is used and I am a salaried individual earning ₹10 lakhs per year, what would be the implications for my annual tax filings? Apologies if these are silly questions. I'm slightly a noob when it comes to tax and GST matters.




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