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GST registration apply query

07 March 2025

Dears, I have one GST no regular. can I apply another gst no as a composition dealer. pls reply.

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3 Replies

Rama chary Rachakonda (Master in Accounts & high court Advocate email ID:ramachary64@gmail.com voice no:9989324294) (7327 Points)
Replied 07 March 2025

You can opt for the Composition Scheme, but there are some conditions to consider.

Since you already have a regular GST number, you'll need to file GST CMP-02 to opt for the Composition Scheme.

However, keep in mind that the Composition Scheme has specific eligibility criteria, such as: -

*Turnover Limit*: Your annual turnover should be less than Rs. 1.5 crore (Rs. 75 lakh for North-Eastern states and Himachal Pradesh). -

*Business Nature*: You should be a supplier of goods or services, excluding specific categories like interstate supplies, non-taxable supplies, and those under the Reverse Charge Mechanism.

If you meet these conditions, you can apply for another GST number as a composition dealer.

But, it's essential to carefully evaluate the implications of the Composition Scheme on your business, including the tax rates, compliance requirements, and potential benefits.

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Ataur Rehman (184 Points)
Replied 07 March 2025

My query is one of my client has registered in GST under regular scheme. my question is whether he can take new registration under composition scheme with same PAN which was already registered under regular scheme? kindly suggest.