Can I file GST returns for multiple businesses under one GSTIN?
If you operate multiple businesses that are distinct legal entities, it is generally required to obtain separate GST registrations for each of them. This is because each business entity is considered a separate taxable person under the GST law, and they are required to file their GST returns independently.
Filing GST returns for multiple businesses under a single GSTIN could lead to non-compliance and issues with tax authorities, as it is not in line with the legal framework. It’s important to maintain separate GST registrations for each business to ensure proper adherence to the GST regulations.
If you have multiple businesses, you should consider obtaining separate GST registrations for each business, and each entity will have its unique GSTIN. This helps in accurate reporting of transactions, input tax credit reconciliation, and compliance with GST rules for each individual business.
Keep in mind that GST rules and regulations are subject to updates, and it’s advisable to check with the Goods and Services Tax authorities or consult with a GST professional for the most current information and guidance tailored to your specific situation.