Multiple GST Registration-Asset
This query is : Open
24 April 2025
Our business has obtained a separate GST registration for a business vertical that was previously part of the existing GST registration. From the date of the new registration, we have commenced billing under the new GST number and have transferred all existing stock to the new GST unit.
In this context, all the assets pertaining to the new unit are currently vested with the old GST registration. Is it mandatory to transfer these assets to the new GST registration? If so, what will be the GST implications on such a transfer?
In this context, all the assets pertaining to the new unit are currently vested with the old GST registration. Is it mandatory to transfer these assets to the new GST registration? If so, what will be the GST implications on such a transfer?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Intraday trading on shares
- TDS u/s 194Q in case of Section 8 company registered u/s 12A and 80G
- 26B Form submission
- GST ISD registration
- Causal labour
- TDS on amenities like electriity / transformer
- RCM is applicable or not (labour Charges , loading and uloading charges)
- Receipts in bank account by way of transfer from various persons via UPI
- 26QB last installment Query
- TDS on advance amount paid to builder
- Reimbursement to employees for cab, fuel and internet
- Multiple GST Registration-Asset
- TDS 24Q Q4 return
- ITR NOT PROCESED YET
- GST invoice shown by vendor under wrong GSTN
- GST Practitioner Details
- Regarding TCS
- Regarding New GST Registration
- As per schedule III of company act
- If registered as GSTP should apply for new GST for trading
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
