GST registration.........22
Joshua Dsouza (160 Points)
01 February 2024i already have a gst registration and I want to start other business under the same PAN...
is it mandatory to obtain GST registration for other business to under same PAN???
Joshua Dsouza (160 Points)
01 February 2024
Saravanan nagaraj
(463 Points)
Replied 01 February 2024
The GST law allows businesses to register multiple verticals under a single GST Number within the same state.
If you start the same business in other state, you should register the business with that state government with the same pan number.
It is entirely different vertical business, you should register and maintain books of accounts separately.
You should declare your GST return GSTR-1 and GST3B for each business.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 02 February 2024
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 02 February 2024
Joshua Dsouza
(160 Points)
Replied 02 February 2024
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 02 February 2024
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 02 February 2024
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 02 February 2024
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 03 February 2024
Joshua Dsouza
(160 Points)
Replied 03 February 2024
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 04 February 2024
Originally posted by : Joshua Dsouza
@ CA Altamush ZafarWe should register even if the turnover is less than 20lakhs???
Yes, @ Joshua Dsouza,
If You are not registered under GST then You don't want register GST if Your threshold limit is less than 20lakhs.
But, Already You are registered with the PAN. So, You (the pan) are a registered taxpayer under GST. Then GST is applicable Your incomes.
As per this Your new business is also GST applicable. Turn over limit can't apply in this second income (business).
ramakrishna
(Professional Accountant )
(65 Points)
Replied 04 February 2024
If the other business in same place belonging to same person - cannot obtain seperate registration