Hello members,
Please guide, Can I use my existing firm's GST number to purchase goods for my new startup venture? Please note, My new startup has no similarity with my existing business. Will this affect my existing business.
Advance thanks!!
Karan S. (Entrepreneur) (30 Points)
17 November 2018Hello members,
Please guide, Can I use my existing firm's GST number to purchase goods for my new startup venture? Please note, My new startup has no similarity with my existing business. Will this affect my existing business.
Advance thanks!!
H.S.S.RAGHAVENDRAN
(CORPORATE EMPLOYEE)
(35 Points)
Replied 20 November 2018
If the new start up is a seperate legel entity then you need separate PAN and GST
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961