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27 March 2021
My relative has one manufacturing hub towards furniture & a Furniture show room trading goods in his name. He has PAN & GST number. My question are as follows.
1.Can he do business using one GST Number.
2.If he transfer goods from Manufacturing hub to showroom within city is GST applicable for transfer of goods.
3.Which account he should maintain is Manufacturing or Trading?
regards.
Pramod Nayak
1.Can he do business using one GST Number.
2.If he transfer goods from Manufacturing hub to showroom within city is GST applicable for transfer of goods.
3.Which account he should maintain is Manufacturing or Trading?
regards.
Pramod Nayak
27 March 2021
1 yes he can do business using one GST Number.
2 GST not applicable on such transfer.
3 Manufacturing main business and show room as additional place of business.
2 GST not applicable on such transfer.
3 Manufacturing main business and show room as additional place of business.
28 March 2021
Thanks Sir for your prompt reply. So what type of accounts are to prepare for business is it Manufacturing & P L account or Tarding & PL account? He also trade other brand name in his show room for business purpose. Please reply
28 March 2021
It's Manufacturing, trading and P&L account.
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