Tag Archives: #GSTNorms

Is one GST registration possible for different businesses?

GST registration for diverse businesses

Is one GST registration possible for different businesses Yes, the GST Act permits businesses to operate multiple businesses, business verticals, and business branches using the same GSTIN. This concept is known as Vertical Business in GST. Under this concept, you have the flexibility to register your various businesses and business branches under a single GST… Read More »

Is GST registration mandatory for MSME?

GST registration mandatory for MSME

Is GST Registration Mandatory for MSME? Introduction The Goods and Services Tax (GST) is a significant tax reform that has streamlined the taxation system in India. Micro, Small, and Medium Enterprises (MSMEs) form the backbone of the Indian economy, contributing significantly to employment and GDP. However, many MSME owners are often confused about whether GST… Read More »