In case of a promoter and builder who is registered under RERA having a single registration under GST
is there any amendment to the GST rules which states that a promoter and builder has to obtain separate gst registrations for each of the projects
experts please clarify
Promoters and builders under RERA don't need separate GST registrations for each project; maintain separate accounts instead. A query was raised regarding whether a promoter and builder registered under RERA needs separate GST registrations for each project. An expert clarified that project-wise GST registration is not required. Under the GST regime, a single registration is allowed per permanent account number (PAN), though firms with multiple business verticals can opt for multiple registrations. Another expert confirmed no amendment mandates separate GST registrations for separate projects, but new rules require maintaining separate books of accounts for each project. (AI Summary)
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