sir one of my client doing textile business in which he has taken gst registration. But he have also Rent income. can he give gst tax invoice for rent to party mentioning alloted gst number.or he have to take seprete gst registration for rent income . is he have rent income then 20 lakh to take gst seprete registration due to diffrent business verticle law.
Gst registration
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GST registration for multiple business verticals is optional; separate registrations or additions permitted via amendment or additional registration.
Taxpayer with textile business and rental income may either use one GSTIN for multiple activities or obtain separate registrations for different business verticals; to reflect a new activity under an existing registration an amendment or an application to add the service should be filed, and a provisional registration certificate may require amendment if the system does not accept the additional activity. (AI Summary)
Taxpayer with textile business and rental income may either use one GSTIN for multiple activities or obtain separate registrations for different business verticals; to reflect a new activity under an existing registration an amendment or an application to add the service should be filed, and a provisional registration certificate may require amendment if the system does not accept the additional activity. (AI Summary)
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