Can I use one GST number for multiple businesses?

Can I use one GST number for multiple businesses?

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

  1. Application for registration.
  2. Verification of the application and approval.
  3. Issue of registration certificate.
  4. Separate registration for multiple business verticals within a State or a Union territory.
  5. Grant of registration to persons required to deduct tax at source or to collect tax at source.
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Can a proprietor have two firms under one GST?

Ans Yes, One person can Register more than one proprietorship firm. As Registration for Sole Proprietorship firm Is not required or is not mandatory.

Can I have 2 GST number?

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 I take 2 GST number?

What happens if you have 2 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 one PAN have multiple GST?

Yes a person can take any number of GST Registration against a single PAN. If the person is holding businesses in multiple states then separate GST registration is mandatory for each state. Further, if there are separate business verticals in same state then also separate GST registration is recommended.

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Can I have more than one GST number?

GST Registration is PAN based & state specific, however more than one GSTIN can be obtained in a single state or union territory if a person carries on multiple business verticals or having multiple branches within the state or union territory as the case may be.

How to add multiple business branches in GST?

The process of inclusion of multiple business branches is quite simple. All you need to do is- #Step1: Login to the GST portal and select the option “Amendment of Registration Non – Core Fields” from the Registration tab. #Step2: Choose the option- “Additional Places of Business” from the given Non – Core Fields, as shown below.

Can I set up a business in another state without GST?

The only restriction will be that you can’t setup another business in some other state. You can buy from or sale to other states from your existing state. But for establishing a branch or another sale office in another state, you need to take another GSTIN.

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Can MSMEs add multiple businesses under GST number?

The firms having branches or multiple business verticals can choose to add multiple businesses under a corresponding GST number. No doubt, this facility is truly supportive of business expansion and diversification and is favorable for the growth of MSMEs in India.