Gst Registration - Bank Details


This query is : Resolved 

Quick Summary
A business registered for GST in Delhi with a current bank account in the company's name is opening a new branch in Jammu & Kashmir. They want to know if the existing bank account can be used for the new GST registration or if a new account is mandatory in Jammu & Kashmir. While the same bank account is permissible, opening a separate account for the new branch is recommended for easier accounting.

21 March 2024 Dear Sir,

I have current bank account in name xyz company Ltd. (registered under Delhi Gst) in Delhi, now i decide to open new branch in name of xyz company Ltd. in Jammu & Kashmir, for new gst registration same Bank Account is valid or we have to open new bank account for Gst registration in jammu & Kashmir.

It is mandatory in gst the registration and Bank account in within same state.




RAJA P M (Expert)
21 March 2024 You can use the same bank account.

22 March 2024 Yes agree with Expert's view but better to use separate Banks for ease of accounting.


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