Multiple GST Registration

This query is : Resolved

Quick Summary

If you have multiple GST registrations for different business units within the same state, transferring goods or services between them is generally considered a taxable supply. This means you'll likely need to issue a taxable invoice and collect CGST & SGST for these transactions. Guidance and articles are available to help you understand the implications for bookkeeping and other related matters.

SHYAM KRISHNAN K

SHYAM KRISHNAN K (Querist)
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20 April 2024 I have different business with in the state and i have applied for GST registration of each unit, the department has issued registration, my query in this regard is that, when i have transfer the goods/provide services from one business verticle to another does it treated as taxable supply or not. Is it required to issue taxable invoice for such transaction collecting CGST & SGST

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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20 April 2024 Yes, it's taxable supply in view of different GST registration.

SHYAM KRISHNAN K

SHYAM KRISHNAN K (Querist)
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30 April 2024 is there any clarifications/guidance from department regarding the maintaining of books of accounts and other related matters of multiple GST registration. And is there any article/books available for reference purpose.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 April 2024 See the link.
https://tallysolutions.com/gst/got-two-or-more-branches-in-the-same-state-find-out-if-you-need-multiple-gst-registration-multiple-gstin/#gref

https://taxguru.in/goods-and-service-tax/guide-for-multiple-gst-registrations-cross-charging.html

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