Question ID :
31678
Single PAN and Two proprietory firm - whether 2 GST number required ?
Mr. X has proprietory firm (ABC ) in the business of COAL is already registered under GST and now simultaneously he want to do other business in the name of (XYZ) in the business of Transportation .
So Mr.A can do business (XYZ) with same GST number which is already obtained or he will have to obtain new GST Number on same PAN ?
if Mr. A can do both business with single GST number then how the name of proprietory business and nature of activities will be mentioned ?
Posted by
samirkumar gokulbhai kasvala
on
Jun 05, 2018
Filed Under
GST
GST is on pan basis. Update in core fields with GST
Posted by
VINAY BHARGAV KUMAR G on
Jun 06, 2018
Answer ID :
68744
Aggregate turnover will be calculated PAN wise. In addition, section 25 of CGST Act, makes it mandatory to obtain different registration number only for business conducting in different states under same PAN. Hence it is better to take single registration.
Posted by
CA PRADEEP C B on
Jun 06, 2018
Answer ID :
68753
He is not required to obtained new GSTIN as the gst no. is PAN base. He can do both the business with separate
name. He is required to make an amendment mentioning two different verticals.
Posted by
CA. SATISH CHAND GARG on
Jun 07, 2018
Answer ID :
68763
Not required to take new registration.
Posted by
CA MNS Karthik Reddy on
Jun 09, 2018