Can you run multiple businesses under one GST?
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Can you run multiple businesses under one GST?
Yes, you can use same GST number for both business provided both businesses are under your name. As per sec 25(2) of CGST Act “A person seeking registration under this Act shall be granted a single registration in a state or union territory.” in simple words one PAN one registration.
How do I register for GST for multiple businesses?
REGISTRATION
- Application for registration.
- Verification of the application and approval.
- Issue of registration certificate.
- Separate registration for multiple business verticals within a State or a Union territory.
- Grant of registration to persons required to deduct tax at source or to collect tax at source.
Can two businesses have two GST numbers?
More than one GSTIN can be obtained only if a person carries business in two or more States or Union Territories or carries the registration process as multiple business verticals in a single State or Union Territory as the case may be.
Can you get multiple registrations under GST?
For the same person in our previous example, two distinct GST numbers will be allotted, in two different states. But, both will be linked to the same PAN card belonging to him. This shows that 2 GST registrations are possible on one PAN card. This is the case where multiple GST registration is necessary.
Can a proprietor have two GST with one PAN?
Since GST registration is based on PAN, GST registration will be granted in each such state under the same PAN number of the person. From the above it is clear that a person can obtain multiple GST registrations with same PAN in a state or union territory.
Can we register 2 GST number same address?
You can take two GST registration on same address if u satisfy the conditions of business vertical.
Do I need a separate GST registration for each state?
If a business operates from more than one state, then a separate GST registration is required for each state. A business with multiple business verticals in a state may obtain a separate registration for each business vertical. But it is not compulsory.
How to register multiple business verticals under GST?
This means a person having 5 business verticals in a state or union territory can obtain a separate registration for each such vertical with the same income tax PAN. If you have decided to get separate registration for each such business verticals, then you need to submit a separate application in form GST REG-01 is respect of each such verticals.
Can a person have more than one GST number?
In such a case, the concerned person can take different GST registration for each state which should be based on a single income tax PAN. A person can also have more than one GST number, if such person has more than one different business verticals within the same state or union territory.
Can I apply for GST in both Kolkata and Delhi?
For instance, a person operating a manufacturing business in Kolkata and have a subsidiary business office in Delhi have to obtain a separate GST registration for each individual state – one for Kolkata and one for Delhi. Also, the same PAN can be used to apply for registration in both states.