Tag Archives: #TaxationDepartment

How much GST-registration can be issued on one PAN number?

Business verticals

How much GST-registration can be issued on one PAN number A single PAN (Permanent Account Number) number can be used to register for GST (Goods and Services Tax) only once. This means that only one GST registration can be issued per PAN number. However, businesses with multiple businesses verticals or branches operating in different states… Read More »

Will GST be levied on a legal barter transaction done between 2 companies?

Legal barter transaction

Legal barter transaction   Legal barter transaction, Yes, GST (Goods and Services Tax) may be levy on a legal barter transactions done between two companies. According to the GST Act, any supply of goods or services made for a consideration in the course of business or commerce is taxable, including barter transactions. The value of… Read More »