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Multiple registeration, Goods and Services Tax - GST

Issue Id: - 116585
Dated: 29-7-2020
By:- vignesh VSACCOUNTOPRIVATELIMITED
Multiple registeration

  • Contents

sir. A dealer already Registered under normal scheme wants to take over a bakery which is under composition scheme, can he apply for a new RC? can he have two GST numbers within same state? (one regular & one composition)

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Showing Replies 1 to 9 of 9 Records

1 Dated: 29-7-2020
By:- YAGAY andSUN

the GST composition scheme limit is based on the turnover of all businesses which are registered with the same PAN, and thus all businesses under the same PAN can either be registered regular dealers or can be composition dealers – not a combination of both.


2 Dated: 29-7-2020
By:- KASTURI SETHI

I support the views of M/s.Yagay And Sun, Sir.


3 Dated: 29-7-2020
By:- DR.MARIAPPAN GOVINDARAJAN

Separate registrations are required.


4 Dated: 29-7-2020
By:- KASTURI SETHI

Registration can be separate in the same PAN but hybrid procedure cannot be adopted. Either both regular or both composition dealers and aggregate turnover will have to be taken care of.


5 Dated: 30-7-2020
By:- KASTURI SETHI

Turnover of both units will be clubbed for computation of threshold exemption limit of Composition Scheme. If you cross that limit, you will not be eligible for Composition Scheme.


6 Dated: 1-8-2020
By:- Ganeshan Kalyani

Yes, one has to opt either composition scheme or pay tax on regular method. There is a condition in the composition scheme that all registrations with same PAN should opt for composition scheme. Which implies that both method cannot be followed.


7 Dated: 7-8-2020
By:- Bhavika Chothani

There can be 36 registrations within the same state and same PAN. But for considering the registration as regular or composite, turnover of all registrations under the same PAN is considered. If the turnover of all registrations is above the threshold then all should be regular and if less than the threshold then all can be composite


8 Dated: 7-8-2020
By:- KASTURI SETHI

I agree with you in toto. Rightly understood and explained.


9 Dated: 7-8-2020
By:- KASTURI SETHI

Reply posted twice. I think one reply was meant for some other similar Issue ID.


1

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