Goods and Services Tax – Started By: – CA.ANCHAL RASTOGI – Dated:- 20-7-2017 Last Replied Date:- 23-7-2017 – A Individual have income from Rent along with trading business. may he apply for separate registration for rent and trading according to provision of section 25 (2) of cgst act by considering it that individual person having multiple verticals one rent and other trading if turn over of trading and rent both separately less than ₹ 20 L . registration needed for both verticals – Reply By THYAGARAJAN KALYANASUNDARAM – The Reply = Dear sir, As per the GST Act, you may have two registration since, different nature of activity, these will be treated as establishment of distinct persons for the purposes of CGST Act sec 25(5). Whereas
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it etc. – Reply By Kishan Barai – The Reply = No need for separate Registration , you can add more HS Code in same Business while filling or amend GST.If you need different Registration, place of Premises should be different along with PAN & Bank account – Reply By Ganeshan Kalyani – The Reply = Separate registration can be taken for different business vertical of same entity. – Reply By Kishan Barai – The Reply = Agreed but turn over of both firms would be treated as combined. 2 URD firm showing 10 , 10 Lacks turn over would be treated as 20 Lacks – Reply By Ganeshan Kalyani – The Reply = Correct. – Reply By Ganeshan Kalyani – The Reply = Yes , i agree. – Reply By KASTURI SETHI – The Reply = In the situation explained by the querist, s
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