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TMI BlogSeparate Business VerticalsX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts Please clarify: 1. If a registered person is supplying Business services and Renting services in Delhi, will it be covered under separate business verticals. 2. Is separate GST registration compulsory for separate business verticals? - Reply By Rajagopalan Ranganathan - The Reply = Madam, According to Sub-section (2) of Section 25 of CGST Act, 2017 A person seeking regist ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ration under this Act shall be granted a single registration in a State or Union territory. Provided that a person having multiple business verticals in a State or Union territory may be granted a separate registration for each business vertical, subject to such conditions as may be prescribed. According to rule 11 (1) of CGST Rules, 2017 Any person having multiple business verticals with ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in a State or a Union territory, requiring a separate registration for any of its business verticals under sub-section (2) of section 25 shall be granted separate registration in respect of each of the verticals subject to the following conditions, namely:- (a) such person has more than one business vertical as defined in clause (18) of section 2 ; (b) the business vertical of a taxable p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... erson shall not be granted registration to pay tax under section 10 if any one of the other business verticals of the same person is paying tax under section 9 ; (c) all separately registered business verticals of such person shall pay tax under the Act on supply of goods or services or both made to another registered business vertical of such person and issue a tax invoice for such supply. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Explanation .- For the purposes of clause (b), it is hereby clarified that where any business vertical of a registered person that has been granted a separate registration becomes ineligible to pay tax under section 10, all other business verticals of the said person shall become ineligible to pay tax under the said section. Subject to the above provisions you can have separate regist ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ration for multiple business verticals owned by you. - Reply By Archna Gupta - The Reply = Can you please give some examples of multiple business verticals. Do my services fall under this definition and is it compulsory or optional to get separate registration for multiple business verticals? - Reply By KASTURI SETHI - The Reply = Your services are covered under business verticals. Separate r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... egistration is required for each business. - Reply By Ravikumar muthusamy - The Reply = is it compulsory to take seperate registration for different business verticals? - Reply By KASTURI SETHI - The Reply = Yes. In my view it is compulsory. - Separate Business Verticals - Query Started By: - Archna Gupta Dated:- 9-1-2018 Goods and Services Tax - GST - Got 5 Replies - GST - Discussion Foru ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... m - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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