Multiple business under one pvt ltd or multiple pvt

Others 871 views 5 replies

Hi 

was wondering, if we wanted to do multiple business activities, do we need to have multiple pvt ltd, 

or one pvt ltd is suffice to do multiple business 

say while registration of pvt, we have given nature of business as 

1. Trading electronics, Garments, manufacturing chemicals, 

later after few months wanted to add business like

2. Events management, Educational consultants, Shoes manufacturing. Real estate constructions 

can we do it ? if yes is it easy and costly? or we are not supposed to do all types of business in 1 pvt ltd. what is the rule?

Or do you suggest, its better to sit down and List all the business activities, we do in future and Add them during first time Registration of Pvt ltd?  

 

whats the general advise 

 

Replies (5)

You can initiate multiple business activities to one Pvt. Ltd. Generally in that case we can make separate billing & accounting as unit wise under Pvt Ltd. However you can apply for separate GSTIN for multiple verticals against same PAN in same state.

thanks for the reply,

say if we dnot mention all the business while registration of pvt and later want to add 

do we need to update regarding the new activities ? if yes.. how difficult or easy is the process 

thanks

If you want to update object clauses of your company later, then it comes under very easy step, whereas your GSTIN of different verticals/units will also helpful to clarify nature of business.

Dear Kumar 

thanks for the reply. so it means, that Software services is identified with 1 GSTIN and Garments manufacturing with another GSTIN and want to do Airtickets sales then get another GSTIN under 1 GSTN 

is that how the system works currently ?

 

thanks

Yes, you can apply for multiple GSTIN for separate business within same state under one PAN. All GST Returns will give you crystal clear picture of your all business.


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