Service &Trading

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101 Points Posted on 13 April 2021
can we do service & trading from a single GST NO??????
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On 13 April 2021 at 10:50 Report
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Quick Summary
Yes, you can indeed conduct both service and trading activities using a single GST number. When registering, you'll need to specify your core business activity, typically based on the highest turnover. It's important to ensure that HSN/SAC details are correctly included in your GST registration to cover all your business operations.

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CMA
13117 Points Posted on 13 April 2021

Yes, you may carry out both trading and service activities from a single GSTIN

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On 13 April 2021 at 10:55
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Chartered Accountant
24588 Points Posted on 13 April 2021
Yes you can do service and trading for a single GST number as it is PAN india based
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On 13 April 2021 at 11:09
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1388 Points Posted on 13 April 2021
Yes you can do service and trading with one gst number but you mandatory add HSN/sac detail same in gst registration
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On 13 April 2021 at 14:11
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101 Points Posted on 13 April 2021
So what is the purpose of specifing nature of business activity in gst portal????
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On 13 April 2021 at 23:50
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CMA
13117 Points Posted on 14 April 2021
Objective is to identify the core business of the registered person. Select the one that is the main activity.
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On 14 April 2021 at 13:58
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101 Points Posted on 14 April 2021
Thanks For Solving My Queries.....
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On 14 April 2021 at 14:17
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Chartered Accountant
5010 Points Posted on 14 April 2021

Yes, you can do service and trading activity under a single GSTIN. 

The core activity shall be selected on the basis of highest turnover of each activity. 

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On 14 April 2021 at 16:06

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