GST Number
Yes, you can use a single GST number for both trading and manufacturing activities. The GST system allows for a business to engage in multiple activities under a single registration.
When you register for GST, you required to provide information about the nature of your business and the types of activities you will be engage in.
If you involved in both trading and manufacturing, you can select the appropriate business activity code and report your transactions accordingly.
However, it is important to note that different types of transactions may be subject to different tax rates, and you will need to classify your transactions correctly under the appropriate HSN codes to ensure that you are paying the correct amount of tax.
To visit https://www.gst.gov.in/
For further details access our website https://vibrantfinserv.com
