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Bank account for branch office.

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400 Points Posted on 22 August 2023
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?
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On 22 August 2023 at 12:55 Report
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"Do the Right Thing...!!!"
128152 Points Posted on 22 August 2023
Yes, You can use single account in HO and BO.
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On 22 August 2023 at 13:11
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Profession Business
28207 Points Posted on 22 August 2023
Branch do not hv any access to ho s bank account.
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On 22 August 2023 at 18:07
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"Do the Right Thing...!!!"
128152 Points Posted on 22 August 2023

It's not meaningful or not understandable...

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On 22 August 2023 at 18:13
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Profession Business
28207 Points Posted on 24 August 2023
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.
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On 24 August 2023 at 11:54


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