A parent company has 3 different businesses lines/divisions:
1) Cloud kitchen
2) Online Sales
3) Manufacturing and sales
Is it legally viable to have common GST no and how to maintain records? TIA
A parent company has 3 different businesses lines/divisions:
1) Cloud kitchen
2) Online Sales
3) Manufacturing and sales
Is it legally viable to have common GST no and how to maintain records? TIA
If all these divisions are part of the same legal entity (same PAN), they can operate under a single GST registration. You would need to maintain proper records for each business line to accurately report GST liabilities, input tax credits, and other compliance requirements.
Sir, Thanks a lot.
Karia Overseas
Ahmedabad
CA
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CAclubindia
