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Filling of annual return

23 January 2020

In case have 2 business....for one proprietor.....for one PAN
1.one is more then 5 crore turnover.
2. another is hardly 3 crore turnover.....
can we file both the business or one file can file.....plz kindly inform it.

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7 Replies

RAJA P M ("Do the Right Thing...!!!") (127150 Points)
Replied 23 January 2020

Are you have one GSTIN or Two GSTIN...?!

vinod kumar (22 Points)
Replied 23 January 2020

I have only one GSTIN

RAJA P M ("Do the Right Thing...!!!") (127150 Points)
Replied 23 January 2020

If one gstin then both will be one return...

CA SANDESH MAHIPAL (Practicing in GST and MSME ) (1985 Points)
Replied 24 January 2020

All sale under one pan will be taken for calculating aggregate turnover as per gst provisions.
Since you have one gst registration, you can file only file return for all businesses.

2 Like

CS MOHIT SALUJA (PRACTICING CS Jalandhar 9914558709) (5155 Points)
Replied 24 January 2020

Your query not belongs to this Corporate Law Forum. Post your query in Income Tax Forum or GST/ VAT Forum for getting the suitable and perfect reply

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Spurto Consultancy Services (Consultant) (1891 Points)
Replied 24 January 2020

If the aggregate turnover against a single PAN exceeds the limit for registration under GST, then GST registration have to be taken for all the businesses in all the states.

In your case since you have already taken 1 GST registration then you have to give entire details pertaining to both the businesses against that registration. Even returns will be filed after consolidation of both the businesses.

Hence, you have to file one Annual Return for both the businesses.

1 Like