LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

Applicability of gst on more than one business

sangeetajoshi (CA Practice ) (83 Points)

31 July 2021

My query is, if any person is already registered under gst for logistic services and he opens a catering services / Restaurant / food supply service, is he liable to pay gst on this additional business also.

Reply
Follow
Share

6 Replies

CA. Sourav Sarkar (Chartered Accountant ) (24578 Points)
Replied 31 July 2021

Yes restaurants services are liable for composition scheme

sabyasachi mukherjee (26047 Points)
Replied 31 July 2021

Josh mention the scale of business.
If you have a turnover of 1 lac not required.
But under composition scheme there are various benefits offered by government.

CMA Poornima Madhava (CMA) (13097 Points)
Replied 31 July 2021

Yes, a registered person has to pay tax in respect of income from additional business too unless it is exempt.

Harsh Khemchandani (116 Points)
Replied 31 July 2021

Yes Gst will be payable on the services mentioned as they are taxable and also u can avail the ITC on inputs and input services used in providing the taxable services

sabyasachi mukherjee (26047 Points)
Replied 01 August 2021

Exempted business whether supply of goods or services rendered is exempted subject to certain conditions.

CA Altamush Zafar (GST Consultant) (15907 Points)
Replied 01 August 2021

If the business has been opened under the same PAN then the other business will also be treated as registered if in the same state. If in different state then a separate GST registration is mandatory.