CURRENT ACCOUNT

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You can open a current account even if your business turnover is less than the threshold for GST registration. While GST registration isn't mandatory, banks typically require at least two other registrations in your business name to open a current account.

Sunil Kumar

Sunil Kumar (Querist)
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12 December 2020 CAN I OPEN A CURRENT ACCOUNT IF MY TURNOVER IS LESS THAN 40 LAKH NOT ELIGIBLE FOR GST REGISTRATION

Harshit Bangar

Harshit Bangar (Expert)
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17 December 2020 YES YOU CAN OPEN CURRENT ACCOUNT.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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05 November 2021 You can open current account without GST registration, but banks need at least two registrations in the name of concern, for opening of current account.

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