whether assessee has to register individually for different businesses in GST in same state.please resolve my doubt.
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Registration for different businesses of assessee
Replies (42)
if your two business are of same nature of goods... then no need for separate registration. otherwise separate registration required
Yes... He* can as "Vertical Business".
It is not mandatory.. But if he wish then he can take gst no for each vertical of business in the same state also
for vertical business.. compulsory different registration is required
Dr hasmukh adhiya sir said it was an option for an assess having different vertical of business he can obtain multiple gst no... Otherwise only one gst no against one pan no in a state... Please go through the section 25(2) of cgst act and rule 11 there...
@ Piyush...plz send me ur mailid id.. I will send u dr hasmukh adhiya statement and clarification in respect of this and an article on this... I am unable to post here
Go through that article and also confirm me after that... Whether it is mandatory or an option for assesses
piyush02061997 @ gmail.com
@ divakar.. thanks... I will also have a look again and will let you know....
Hv u received the mail
yes sir, I saw that... but as per that I think he just wanted to say that different registration is possible in same pan and he is not saying that different registration is mandatory or not.... but still I will provide you details about where I read this and will let you know
It is not mandatory to take the separate registration within the state however as per proviso to section 25(2) of CGST, assessee can take the separate registration foir their bussiness verticals.
In case of separate registration, both the bussiness verticals shall be treated as disinct person hence movement of goods between then shall be liable for GST payment.
This is only an option and not mandatory.. Also Dr. Hasmukh adhiya clearly said it was an option for assesses
Dears.,
How to said it's mandatory or not mandatory...?
What is "VERTICAL BUSINESS PROCESS & REGISTRATION" and it's details...?
Who is get the details and share it and don't be stand yourself if you wrong or misunderstanding...!!!
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