Dear sir i have two Gst numbers one from delhi and one from uttar pradesh with the same trade name do i have to open a bank account in both the states
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Quick Summary
This discussion addresses whether an individual with two GST numbers, one from Delhi and one from Uttar Pradesh, both under the same trade name, needs to open separate bank accounts for each state. While not strictly mandatory as bank account transactions aren't state-restricted, opening separate accounts is recommended for operational transparency and easier audit reconciliation, especially if business operations are active in both locations. Ultimately, the decision rests on personal discretion and business needs.