Easy Office

Regarding Vertical GST registration

This query is : Resolved 
Profile Image

Profile Image

(Querist)
22 July 2021 Is it mandate to maintain seperate Books of account in case of GST Verticle Registration?
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
22 July 2021 Yes, separate books are required, separate stock and turnover to be maintained, to file separate GST return.
Profile Image

CA Rashmi Gandhi

Profile Image

CA Rashmi Gandhi (Expert)
23 July 2021 Separately as both business are separately shown on GST Portal.



Profile Image

SHYAM KRISHNAN K

Profile Image

SHYAM KRISHNAN K (Querist)
23 July 2021 In case of goods/service transferred between these vertical unit have to be consider as branch transfer/sale?
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
23 July 2021 It will not be considered as sale/branch transfer.
Profile Image

SHYAM KRISHNAN K

Profile Image

SHYAM KRISHNAN K (Querist)
23 July 2021 How can I move my goods between these units .
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
23 July 2021 I am correcting my earlier reply. Treat it as sale issue tax invoice and claim ITC.
Profile Image

SHYAM KRISHNAN K

Profile Image

SHYAM KRISHNAN K (Querist)
23 July 2021 Could you please specify the section dealing this matter



Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
23 July 2021 See the link.

https://www.gstzen.in/a/separate-registration-for-multiple-business-verticals-within-a-state-or-a-union-territory-cgst-rule-11.html

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links