Can You Do Business Using a Friend’s GST Number? ⚠️π° #GSTIndia #TaxLaws #IndianLaw
Thinking of using a friend’s GST number to save costs? π€ STOP! It’s illegal! π¨
❌ Why Is It Not Allowed?
Under the GST Act, 2017, GST numbers are:
❌ Business-specific & non-transferable π
❌ Linked to PAN & tax records π³
❌ Subject to strict compliance checks π
⚠️ What Are the Risks?
❌ Hefty penalties & tax fraud charges π¨
❌ Frozen bank accounts & business closure π¦
❌ Both parties can face legal action! ⚖️
π₯ Pro Tip
Register your own GST number to avoid trouble & build credibility! ✅
Need help with GST registration? We’ve got your back! πΌ⚖️
π Call: +91-9051112233
π Website: https://www.lexcliq.com
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