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Multiple GST Registration-Asset

This query is : Resolved 
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(Querist)
24 April 2025 Our business has obtained a separate GST registration for a business vertical that was previously part of the existing GST registration. From the date of the new registration, we have commenced billing under the new GST number and have transferred all existing stock to the new GST unit.
In this context, all the assets pertaining to the new unit are currently vested with the old GST registration. Is it mandatory to transfer these assets to the new GST registration? If so, what will be the GST implications on such a transfer?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
30 April 2025 It's not necessary to transfer these assets to the new GST registration.
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SHYAM KRISHNAN K

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SHYAM KRISHNAN K (Querist)
30 April 2025 If transfer what will be the impact
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
30 April 2025 No impact as it's only business vertical.
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