banner_ad

Bank account for branch office.

438 views 4 replies
User Avatar

400 Points Joined April 2017
Whether maintaining a separate bank account for branch office registered under GST is mandatory or HO's bank account can be used for transactions and also whether same bank details can be provided in GST registration of branch account?
1 Reply Share Follow
On 22 August 2023 at 12:55 Report
Replies (4)
User Avatar

"Do the Right Thing...!!!"
128147 Points Joined January 2015
Yes, You can use single account in HO and BO.
Reply
On 22 August 2023 at 13:11
User Avatar

Profession Business
28196 Points Joined May 2017
Branch do not hv any access to ho s bank account.
Reply
On 22 August 2023 at 18:07
User Avatar

"Do the Right Thing...!!!"
128147 Points Joined January 2015

It's not meaningful or not understandable...

Reply
On 22 August 2023 at 18:13
User Avatar

Profession Business
28196 Points Joined May 2017
It's very comprehensive and flexible , you have not worked in a similar scenario.
mIntaini g a separate bank account is mandatory because branch transaction are not to be mixed up with ho.Ho had control over only certain expenses.
Reply
On 24 August 2023 at 11:54

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details