Gst registration : composition scheme
This query is : Resolved
02 April 2018
Dear Sir,
My client has two business in the same state ( Same PAN).
One is Service segment and other is Trading. Total Turnover put together is below 1.5 Cr per year.
Now he is registered as Regular Tax Payer.
Is it possible to get registered under composition for trading sector and "Regular rate of Tax " for Service Sector ?
My client has two business in the same state ( Same PAN).
One is Service segment and other is Trading. Total Turnover put together is below 1.5 Cr per year.
Now he is registered as Regular Tax Payer.
Is it possible to get registered under composition for trading sector and "Regular rate of Tax " for Service Sector ?
CA Rashmi Gandhi
(Expert)
02 April 2018
Not possible. The only solution is registered h
CA Rashmi Gandhi
(Expert)
02 April 2018
Not possible to do so. Only solution is to take separate registration for both business. & then take one under composition & other in normal scheme.
Guest
Guest
(Expert)
02 April 2018
No it is not allowed under GST Act.
CA Rashmi Gandhi
(Expert)
02 April 2018
No you can't do so
CA Rashmi Gandhi
(Expert)
02 April 2018
Not possible. The only option is to e separate registration for both business.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Intimation under section 245
- GST input credit on commercial property
- Gift to nri relatives residing in usa
- ETDS return q4 25-26
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
