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.




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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