Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

Gst registration

Praveen (Consultant) (151 Points)

01 June 2019

My client has a composition licence to retail business. Now he want to start a Educational School. can he take a new gst licence for school with his same pan.

Reply
Follow
Share

4 Replies

CA Altamush Zafar (GST Consultant) (15961 Points)
Replied 01 June 2019

Yes he can take a different gstin but he will have to convert from composition to regular

1 Like

Upgrade to CAclubindia Pro. Subscribe Now!

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 02 June 2019

The already registered in Composit scheme cannot have another registration in Regular scheme under same PAN (in term of Section 10 CGST Act )

Moreover composit dealer cannot provided services More than 10% of turnover or 5lac which ever is higher hence you have to convert to regular scheme for both business .
You just switch to Regular scheme from composition scheme & carry both business under one registration (As regular)