Two business in one gst

Page no : 2

RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 08 May 2022

Yes, definitely.
Here no way for change name which is pan based (legal name). But, Trade name can be use different name into different business...

Legal Name : Pan name (ABC textiles if partnership firm / pvt Ltd)

Trade Name : 1st - ABC Textiles, 2nd - any other name

Legal Name : Pan name (Raman Sundaram - if individual)

Trade Name : 1st - ABC Textiles, 2nd - any other name

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Eswar Reddy S (CFO- at NHTF) (58275 Points)
Replied 08 May 2022

The query is about two trade names only .

Have you seen a single GST registration certificate which has two trade names ?

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RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 08 May 2022

@ Mitesh Patel,

Yes, You are exactly correct in Your view...

- In proprietorship firm legal name is proprietor name

- Yes, You are correct.

can i add two trade name in one pan gst certificate ?

- Yes, In Your gst you can go with another name for the 2nd business...

Note : Here You can't use one state gstin to other state GSTIN...

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 10 May 2022

Yes agree with Mr Raja Ji

Multiple Business can be practice under One GSTN in state. (GSTN is PAN Based) .

Note : No more then one Trade Name cannot be Added under One PAN , but GSTN is issued on PAN not on Trade name.

Eswar Reddy S (CFO- at NHTF) (58275 Points)
Replied 10 May 2022

But GST certificate has trade name also . Kindly check once

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Mitesh Patel (75 Points)
Replied 10 May 2022

If i run two business in one pan gst

i have textile business input tax credit balance
so i think its not valid to use in different business

Eswar Reddy S (CFO- at NHTF) (58275 Points)
Replied 10 May 2022

If it is not a compliance burden then go for separate registration and you will get seperate trade name also

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Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 11 May 2022

Yes it has trade name but the GSTN is not issued on trade name.
(Kindly refer Section 25 of CGST Act )

Eswar Reddy S (CFO- at NHTF) (58275 Points)
Replied 11 May 2022

GSTIN is PAN based but the business should be carried in the trade name applied through GST Certificate.

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S JEEVARETHINAM (Sr Manager Finance and Taxation) (144 Points)
Replied 11 May 2022

Sir,

Please check with your company secretary is also to amend object clause in ROC. Type of goods/services is also need to be amended in GST Portal. Provided if you are having one GST Registration Number in the same state and your business is having allied activities. Otherwise please read .

Section 25(2) CGST Act, 2017: Person carrying on business with multiple business verticals in a single State or Union territory may be granted a separate GST registration for each separate business vertical subjected to specified conditions and rules therein.

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Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 12 May 2022

YES YOU CAN HAVE SEPARATE REGISTRATION FOR EACH BUSINESS VERTICAL UNDER SAME PAN IN STATE & CAN ALSO HAVE MULTIPLE BUSINESS VERTICAL UNDER SAME GSTN IN A STATE.