Seperate gst number

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This query is : Resolved

23 November 2016 client have Service tax number and Vat(TIN) number already so will he have to apply seperately for GST number for both to provide service and sell vatable goods.or only on single GST number he can do both things.

CA. Vinodh Kothari

CA. Vinodh Kothari (Expert)

23 November 2016 If both the business are of different business vertical then you have to obtain separate GST Number else one GST Number is enough.

PRAVIN PANDHARINATH DAREKAR

PRAVIN PANDHARINATH DAREKAR (Querist)

23 November 2016 SINGLE PROPRIETOR HAVE 2 BUSINESSES - A and B . THROUGH A BUSINESS HE PROVIDES SERVICES (ONLY) AND THROUGH B BUSINESS HE SELLS GOODS.
THEN WHAT ?
WILL ANSWER BE THE SAME?.

CA. Vinodh Kothari

CA. Vinodh Kothari (Expert)

23 November 2016 We have to wait till the final GST Bill is passed and the Rules are framed. Till then fingers crossed.

VK

Shyam Lal Naik

Shyam Lal Naik (Expert)

24 November 2016 Single registration shall suffice for supply of goods & services. The FAQ at GST site advises to get in touch with VAT authority, in case the dealer have multiple VAT registration and wish to have multiple GST number.

CA Suresh Jain

CA Suresh Jain (Expert)

06 December 2016 Since, GST registration is PAN based one registration for all business vertical is sufficient. If you want you can have separate registration for each of business vertical. Your turnover of verticals under the same PAN will be aggregated for exemption limit etc.
One should be careful in opting for separate or single registration in view of the controlling agency which is yet to be finalised.

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