How much GST-registration can be issued on one PAN number
In India, a business or individual can have multiple GST registrations under a single PAN (Permanent Account Number). However, there are specific scenarios that determine the need for multiple registrations.
1. Different States
If a business operates in multiple states, it must obtain separate GST registrations for each state. This ensures compliance with state-specific tax regulations.
2. Different Business Verticals
If a company has multiple business lines or verticals under the same PAN, it can opt for separate GST registrations for each vertical. This allows the business to manage tax records for each segment independently.
3. No Limit on Registrations
There is no limit to the number of GST registrations that can be obtained under one PAN. A business can register for as many GSTs as needed, provided each registration serves a distinct business vertical or location.
In summary, a business can have multiple GST registrations under a single PAN, based on its operational needs, state presence, or business verticals. Each registration must be treated independently, including separate filing of returns.
To visit: https://www.incometax.gov.in
FAQs
1.Can a person have more than one GST registration under a single PAN?
- Yes, a person can have multiple GST registrations under one PAN, but each registration must be for different business verticals or locations.
2. How many GST registrations can be issued for different business verticals under one PAN?
- There is no limit. A person can register for multiple business verticals, but each vertical requires a separate GST registration.
3. Is it mandatory to get separate GST registrations for different states under the same PAN?
- Yes, if a business operates in more than one state, it must get a separate GST registration for each state.
4. Can a person opt for multiple GST registrations in the same state?
- Yes, an individual can acquire multiple registrations within the same state for distinct business verticals.
5. Can an entity cancel one GST registration but retain others under the same PAN?
- Yes, an entity can cancel one GST registration while retaining other registrations under the same PAN.
6. Do multiple GST registrations under the same PAN require filing separate returns?
- Yes, each GST registration is treated as a separate entity, so separate returns must be filed for each.
7. Is there a limit on the number of GST registrations a person can have across India?
- No, there is no limit. You can register in multiple states or for multiple business verticals under the same PAN.
8. Can a person voluntarily opt for separate GST registrations for different units in the same location?
- Yes, a person can voluntarily opt for separate GST registrations for distinct units within the same location.
9. Does having multiple GST registrations impact the tax liability?
- Each registration is treated independently for tax purposes, so tax liabilities will be calculated separately for each registration.
10. Is the process for multiple GST registrations under the same PAN the same as for a single registration?
- Yes, the process remains the same for each GST registration, regardless of the number of registrations under one PAN.
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