sir.
can we apply 2 gstin in one pan ?
one business is registered in GST
now I want to start new business and I want to take gstin with same PAN ..
is it possible , if yes please elaborate.....
2 Replies
CA Ankit R Momaya
(Partner at Bhat Momaya & Associates)
(2319 Points)
Replied 08 September 2018
Yes, if it's a different business vertical you can apply
Rohit Tibrewal
(Student)
(3193 Points)
Replied 08 September 2018
In GST regime, multiple registrations within a State for business verticals of a taxable person would be allowed. This provision should be subject to following specific stipulations
(1) Input Tax Credit across the business verticals of such taxable persons shall not be allowed unless the goods or services are actually supplied across the verticals.
(2) For the purpose of recovery of dues, all business verticals, though separately registered, will be considered as a single legal entity.
(The information given here is valid only after introduction of GST likely to be in 2016 and also subjected to changes by GST law drafting committee and other authorities)
(1) Input Tax Credit across the business verticals of such taxable persons shall not be allowed unless the goods or services are actually supplied across the verticals.
(2) For the purpose of recovery of dues, all business verticals, though separately registered, will be considered as a single legal entity.
(The information given here is valid only after introduction of GST likely to be in 2016 and also subjected to changes by GST law drafting committee and other authorities)
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