I am running two different business under one office @ same pan one of retail shop & other one is providing motorcycle on rent to coustmers.
Should i have to take separate gst registration for both business or i can merge it with one business.
So pls suggest me with clarification.
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You can run both business in One registration.
Yes you can use the same GSTIN. However, please ensure you are paying the due tax to govt and report the correct HSN
For retail business i already selected composition scheme for compliance ese
As per my knowledge composition scheme is not for allow for service provider.
pls correct me. if you have other clearification.
As per my knowledge composition scheme is not for allow for service provider.
pls correct me. if you have other clearification.
In view of notification No. 2/2019 – Central Tax (Rate) dated 07/03/2019, the Central Government, on the recommendations of the Council, has notified Composition Scheme for Service provider which can be opted from 01/04/2019. Previously, service providers are kept out of ambit of composition scheme u/s 10(1) of CGST Act.
This composition scheme can be availed up to turnover of Rs. 50 lakh.
would request you to go through the notification for details.
This composition scheme can be availed up to turnover of Rs. 50 lakh.
would request you to go through the notification for details.
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