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The annual turnover is PAN-based, meaning all the supplies under a PAN across different locations will be considered. In addition, you need to register in every state from where you intend to make outward supplies. Given this rule, multiple GST registration is compulsory at times, while at other times, it is optional. Here are some FAQs to clear the doubts regarding multi-GSTIN.
More than one GST registration is not mandatory when two or more branches of the same business are in the same state. The primary location must be specified along with the other branch locations within the same state or union territory when registering for a single GSTIN. However, businesses can opt for multi-GSTIN if they wish to, i.e. they can apply for separate GST registration for each branch within the same state.
Yes. A supplier can apply for fresh GST registration per business vertical if the terms and conditions are met.
Multiple GST registration is not mandatory because single GST registration for all activities by a single entity will suffice. The option to separately register each activity is available.
Yes. A PAN holder can register and obtain multiple GSTINs in the same state or when operating in multiple states.
GST registration in Karnataka is sufficient as the source is Karnataka. No registration is required in Rajasthan unless the supply is intended to be made from Rajasthan as the source.
This is the case for business verticals, and the supplier can register separately for each business vertical. This applies to single-state supplies too.
Franchisors need to be registered to get multi GSTIN even if many outlets are scattered across different states. However, the franchisee must obtain a registration in the state where it operates. If it operates in two states, then it must get registration in both states.
Yes. You must obtain registration in both states where your franchise is located.
No. You need to obtain registration in states from where supplies are made.
Yes, you may do so because these are two business verticals.
No. You must file a separate GST return for every GSTIN.
Yes, you can either choose to maintain the books of account in a consolidated way or you can opt to maintain separate books for each GSTIN, depending upon your business needs.
The latest version of TallyPrime is filled with numerous features to cater to your GST as well as other business function needs. The new version makes it easy to manage transactions and returns across multiple GSTINS from the same company. This simply implies that at the close of a certain month, you could easily integrate your multi-GSTIN data and handle TDS returns, salary payments, overdue management, and so on with improved efficiency. Here is a quick list of things that you can do using multi-GSTIN feature in TallyPrime:
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