♦ The GSTN has enabled a new feature that requires the taxpayer to select one core business activity on the GST Portal.
♦ Taxpayers are required to select their business activity only once, as – Manufacturer, wholesaler /Distributor/Retailer, service providers & others post login based on highest turnover amongst them. This can also be changed later.
♦ Core Business Activity means which kind of business you primarily deal in.
♦ For example, if you are a Soap manufacturer you may select ‘manufacturer’ in Core Business Selection.
♦ One may choose any ONE of the aforesaid activity based on below criterion:
♦ The Procedure to be followed- on opening GST Portal, you will see a new pop-up wherein you will have to identify your core business as either manufacturer or trader or service provider and others.
♦ It is noteworthy that you can select only one core business activity.
♦ In case all activities are applicable to you, kindly select your core business activity.
♦ Others will include Works Contract and other Miscellaneous items.
♦ Also, if you want to change it in the future you can do it by navigating MY PROFILE>CORE BUSINESS ACTIVITY STATUS.