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Branch registration

NAGA (ACCOUNTANT) (514 Points)

08 January 2018

Dear sir,
Whether i take separate register number for branch and how to maintain accounts
Please tell the process

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11 Replies

RAJA P M ("Do the Right Thing...!!!") (128029 Points)
Replied 08 January 2018

If intra state or Inter State...?

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CA Hemant Shukla (Practice) (79 Points)
Replied 08 January 2018

Mr. Raja, In case of Intra state Branch and Ho (not Separate Business vertical) a combined return is to be filed, Kindly Confirm

NAGA (ACCOUNTANT) (514 Points)
Replied 08 January 2018

Intra state sir

RAJA P M ("Do the Right Thing...!!!") (128029 Points)
Replied 08 January 2018

Yes...
No more other option. If intra state branches (in any locations) we must file combined details of all outward and inwards details in single...
It's applicable to all GSTR returns for the GSTIN...

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RAJA P M ("Do the Right Thing...!!!") (128029 Points)
Replied 08 January 2018

@ Mr. NAGA.,

If intra state and you ll take separate registration under GST then you ll be maintain the books of accounts as Separately...
It's mean you can't mingle/ adjust / any GST related taxation to both firms. Maintain separate accounts and returns. No need Tax adjustments to both GSTIN...

Simply said both are not one firm... It's two variant firms....

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NAGA (ACCOUNTANT) (514 Points)
Replied 08 January 2018

If i take separate registration

NAGA (ACCOUNTANT) (514 Points)
Replied 08 January 2018

Thank you sir

NAGA (ACCOUNTANT) (514 Points)
Replied 08 January 2018

Sir if i take separate registration use same pan and aadhar

RAJA P M ("Do the Right Thing...!!!") (128029 Points)
Replied 08 January 2018

Yes.... You can...

As per my view.,
It's not advisable. Bcoz, If you take separate registration as "VERTICAL BUSINESS LINE" then you can't adjust any GST related taxation...

Manas Das (1431 Points)
Replied 08 January 2018

sir if not different business vertical then only one regustration enough since branch is same state. so have to file condolidated return for the signle gstin