Can I run multiple businesses on a single GST as a sole proprietor Yes, as a sole proprietor, you can run multiple businesses on a single GST registration. However, you would need to mention the details of all your businesses while applying for GST registration, including their names, addresses, and types of goods or services… Read More »
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 »
Can a sole proprietorship have multiple businesses Certainly, a sole proprietorship can have multiple businesses. In fact, a sole proprietor has the ability to operate multiple businesses simultaneously as long as all the ventures are legal and adhere to any relevant regulations. Each business would maintain its own income and expenses, which would be reported… Read More »