REGISTRATION OF VERTICALS IN SAME STATE

[CA.ANCHAL RASTOGI]

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

AI Summary

Aggregate turnover rule determines GST registration for multiple business verticals; combined turnover can trigger registration despite separate activities.
Different activities may be treated as separate business verticals and as establishments of distinct persons, allowing separate registrations where businesses have separate places of business and distinct PAN/bank links, but separate registration creates additional compliance obligations. For registration threshold purposes, aggregate turnover of multiple verticals is generally combined; residential rent to residential occupants is ordinarily outside the GST net and should be considered when aggregating taxable turnover.