Can an individual carry on two businesses with only one registered under GST, voluntarily? The cumulative turnover also doesn't exceed 20 Lakhs.
Thank you,
3 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 31 January 2023
Yes you can do so but if one business is of exempted and other is of taxable , then bifurcation ITC in respect of common expenses is quite confusing .
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 01 February 2023
Welcome 🤗🤗🤗
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