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Home / Legal / GST Registration / Can I Have Two Different Businesses with One GST Number?
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Can I Have Two Different Businesses with One GST Number?

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0 2024-10-31T10:33:12+00:00
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Let me tell you, companies with multiple locations or those who operate in multiple states hold multiple GST Identification Numbers (GSTINs). It is necessary to file separate GST returns for each of these distinct numbers. Coming back to your query, is one GST number for two business allowed? As far as I know, yes, in India, you can operate multiple businesses under one GST number.

  • It is applicable as long as they fall under the same legal entity. 

  • This approach is common for companies managing different business verticals. For example, manufacturing and trading are under a single ownership.

  • To do this, you must declare each business vertical separately while registering or amending GST details. Each distinct line of business must be recorded under the same GSTIN, helping to maintain clarity for tax authorities and compliance.

  • During GST registration or amendment, list your additional business activities under the "Additional Place of Business" or "Nature of Business Activity" sections in the GST portal. You must make a note each business type should adhere to its applicable tax rate and invoicing rules.

  • Using one GST number streamlines tax filing, accounting, and reporting, reducing paperwork and potential compliance costs. However, some businesses may opt for multiple GST registrations to keep financial records more distinct, depending on business needs and operational complexity.

I hope your query on can I have two different businesses with one GST number resolved.

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Akanksha Shukla (law graduate)

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