One of my clients has multiple businesses now such as Trading of Sarees, Trading of Mobile Phone and Rent from commercial Property (all in the same State)
So whether he required 3 GST registration or 1 Gst registration is sufficient
6 Replies
Akhilesh
(C.A.)
(118 Points)
Replied 14 June 2018
single registration ..with all HSN codes of all business
sidhigiri
(Ipcc)
(236 Points)
Replied 14 June 2018
then it may possible that input of Saree business is utilized for output tax of mobile sale?
is the same allowed under gst?
CA Shivam Arora
(Chartered Accountant)
(2414 Points)
Replied 14 June 2018
Yes it is possible since you are using it for business purpose only as per section 16. Now one's business may be diversified.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 14 June 2018
If All are under One GSTIN then You can Combine all the Transactions in One return and You can avail ITC from all the Inputs...
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