Eligible for lump sum gst???

222 views 6 replies

Dear sir,

I have plan to start three different business 

1) Mineral water bottle

2) gram flour distributorship

3) home furnishing

Above business supply in local area

Since above three r from different category, my question are

1) only one gst number is required?? Or have to take three gst number for different business???

2) if my total turnover for above three business is less than 75 lakh annually ???? Am I eligible for lump sum GST???

Thanks in advance for your valuable advice 

Replies (6)
1. You can run it only one GSTIN.
2. Based above all only dealing goods then you can opt to composition scheme. If it's any services related works then no way for composition scheme....
Also you can register separately by Vertical business based. But, it's not advisable..
Thanks sir for yr so valuable answer One more question sir 1) is it possible to give single firm name for all three different business???? For e.g. Bhavya Traders is suit for all business
Yes...

Why not...? You can register under one GSTIN and using additional place of business....
Thanks for yr advice sir
You are most Welcome Dear Sir...

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