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saurabh dhingra   12 January 2021

partnership gst

I have a company 100rab int and I am going to make a partnership firm consist of 100rab int and another person.
so my question is that am I suppose to get anther gst number for the partnership firm or I can use 100rab int gst no.


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 5 Replies

SIVARAMAPRASAD KAPPAGANTU (Retired Manager)     12 January 2021

What exactly you mean when you say you have a "Company"? Is it a Proprietorship firm? 

 

In any case, the GST number of one firm cannot be used for another firm. Each firm need to have distinct GST Numbers.  You may consult your local GST consultant in this regard.

saurabh dhingra   12 January 2021

its a pvt lts company including two directors

SIVARAMAPRASAD KAPPAGANTU (Retired Manager)     12 January 2021

You cannot use the GST of a Private Limited Company which has a distinct entity of its own besides its Share Holders and/or Directors.  Similarly, a Partnership firm is a different entity where there is the possibility of overlapping of individuals as Partners or Directors.  

 

You may consult your local GST consultant in this regard.

 

Dr J C Vashista (Advocate)     13 January 2021

Consult a local taxation lawyer or chartered accountant with clear facts.

Gaurav sharma   15 January 2021

No, it is not possible to use GSTIN of other legal person under GST as per my view.

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