Regarding Vertical GST registration
This query is : Resolved
22 July 2021
Is it mandate to maintain seperate Books of account in case of GST Verticle Registration?
22 July 2021
Yes, separate books are required, separate stock and turnover to be maintained, to file separate GST return.
23 July 2021
Separately as both business are separately shown on GST Portal.
Message likes :
1 times
23 July 2021
In case of goods/service transferred between these vertical unit have to be consider as branch transfer/sale?
23 July 2021
It will not be considered as sale/branch transfer.
23 July 2021
How can I move my goods between these units .
23 July 2021
I am correcting my earlier reply. Treat it as sale issue tax invoice and claim ITC.
23 July 2021
Could you please specify the section dealing this matter
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
https://www.gstzen.in/a/separate-registration-for-multiple-business-verticals-within-a-state-or-a-union-territory-cgst-rule-11.html
Message likes :
1 times
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 Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Loss of interest in PF transfer from EPFO to Trust
- ITR-3 File/Error Found
- TDS offline utility
- Due Date Clarity
- ASMT-10 received from A O
- IT returns for fresh job holders
- CASH GIFT FROM BLOOD RELATIVE
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
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
