Regarding Vertical GST registration
This query is : Resolved
22 July 2021
Is it mandate to maintain seperate Books of account in case of GST Verticle Registration?
22 July 2021
Yes, separate books are required, separate stock and turnover to be maintained, to file separate GST return.
23 July 2021
Separately as both business are separately shown on GST Portal.
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23 July 2021
In case of goods/service transferred between these vertical unit have to be consider as branch transfer/sale?
23 July 2021
It will not be considered as sale/branch transfer.
23 July 2021
How can I move my goods between these units .
23 July 2021
I am correcting my earlier reply. Treat it as sale issue tax invoice and claim ITC.
23 July 2021
Could you please specify the section dealing this matter
23 July 2021
See the link.
https://www.gstzen.in/a/separate-registration-for-multiple-business-verticals-within-a-state-or-a-union-territory-cgst-rule-11.html
https://www.gstzen.in/a/separate-registration-for-multiple-business-verticals-within-a-state-or-a-union-territory-cgst-rule-11.html
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