I have one business with my Pancrad.now I start other new business. Can I take another registration with same pan card number. My current business in composition. Can I take composition in New business. One crore limit can apply for both business. Please advice with section and rule.
3 Replies
Praveen Pandit
(service man)
(254 Points)
Replied 15 February 2018
Yes you can but 1.5cr total turnover should be calculated for composition scheme,
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 15 February 2018
Yes... You can take another one GSTIN registration... But, It's treated as Vertical Business Registration"...
T/O will be calculated both registration Values...
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