Gst Reg. 2 firm

This discussion addresses how a client with an existing trading business and a new venture should handle GST. The core question is whether to apply for a new GST registration under a sole proprietorship, use the existing GST, or obtain a separate PAN. The advice provided clarifies that a new business can be included in the existing GST registration, a new registration can be obtained under the same PAN (treating them as distinct persons), or a registration can be sought under a different PAN. It also warns about potential GST liabilities on the new business's supplies under the old registration if not handled promptly.