Can You Do Business Using a Friend’s GST Number? ⚠️๐ฐ #GSTIndia #TaxLaws #IndianLaw
Thinking of using a friend’s GST number to save costs? ๐ค STOP! It’s illegal! ๐จ
❌ Why Is It Not Allowed?
Under the GST Act, 2017, GST numbers are:
❌ Business-specific & non-transferable ๐
❌ Linked to PAN & tax records ๐ณ
❌ Subject to strict compliance checks ๐
⚠️ What Are the Risks?
❌ Hefty penalties & tax fraud charges ๐จ
❌ Frozen bank accounts & business closure ๐ฆ
❌ Both parties can face legal action! ⚖️
๐ฅ Pro Tip
Register your own GST number to avoid trouble & build credibility! ✅
Need help with GST registration? We’ve got your back! ๐ผ⚖️
๐ Call: +91-9051112233
๐ Website: https://www.lexcliq.com
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