Compliance under gst



Dear all,

I have registered BUSINESS 1 under GST,after that no transactions done through BUSINESS 1.The bank account number at GST portal is same as the bank account I am doing BUSINESS 2.
Questions:
 
1.Whether I have file Nil returns for BUSINESS 1 or File returns as per bank receipts of BUSINESS 2 for BUSINESS 1??
I have this query due to same bank account.

Thanks in advance.

 
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CA IN PRACTICE

How many GST registration do you have?

If only one then combine turnover for both the business and file gstr. 

 
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Since GST registration is not business based, it is PAN based. pls calrify - are both businesses in same PAN? have you taken separate registration for both business?
 
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Chartered Accountant

If both businesses are in same registration then they can be clubbed and shown..

 
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different RC's under same pan means different taxable persons
 
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Dear all,
I don't registered for BUSINESS 2 under GST.
 

 
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if its in same PAN, it will form part of your turnover only as reg is PAN based
 
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but if it's part of your registered supply then must be filed in return together
 
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"Do the Right Thing...!!!"

Originally posted by : Dhiraj Rathi
Dear all,

I have registered BUSINESS 1 under GST,after that no transactions done through BUSINESS 1.The bank account number at GST portal is same as the bank account I am doing BUSINESS 2.
Questions: 
1.Whether I have file Nil returns for BUSINESS 1 or File returns as per bank receipts of BUSINESS 2 for BUSINESS 1??
I have this query due to same bank account.

Thanks in advance.

 

Dear.,

As per GST if a PAN registered under GST then GST applicable his all incomes if business conducted 1 or more ways/ Business. So, As per Your query Your 2 business also chargeable GST and it will be report in GST returns.

 

Better to Show the said incomes in GSTRs...

 
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