According to the GST Act, all owner or operator of the warehouse, godown or any other place used for storage of goods and every transporter shall maintain the records of the consigner, consignee and other relevant details of the goods stored or transported. It applies irrespective of whether the individual … See more To operate a business in India, the concerned individual should obtain GST registration on account of the aggregate turnover criteria or … See more Any person engaged in the business of transporting goods in India should maintain the records of goods transported, delivered and goods … See more WebPermanent transfer or sale of business assets on which input tax credit has been availed will also be treated as supply even if there is no consideration received. GST is applicable to the sale of business assets only. It does not apply to the sale of personal land or building and other personal assets. “Permanent transfer” means transfer ...
Shop and Establishment Act Registration - ClearTax
WebA place adapted to the reception and storage of goods and merchandise. 9 Shepl. 47. 2. The act of congress of February 25, 1799, 1 Story's Laws U. S. 565, authorizes the … WebOct 27, 2024 · Thus, if any godown, warehouse or transport do fall under the purview for obtaining GST registration, they are still required to register themselves under GST by filing GST applicable form. On filing and verification of the GST registration application form for unregistered godown, warehouse or transporter, a unique enrollment number would … how is the third sector funded uk
GST payable on Godown Renting Services which is not …
WebMar 20, 2024 · Penalty for not registering under GST Act or in case of compulsory registration penalty can be imposed for not applying for registration even it is compulsory As per section 122 of the CGST Act, a person/supplier exceeds the threshold limit for GST registration and becomes taxable or is legally bound to get registered, and if a person … WebJun 1, 2024 · Divita Gupta Jun 1, 2024. The Authority of Advance Ruling ruled there is no need for a separate Goods and Service Tax registration in another state for execution of the contract in that state. The applicant who works as a contractor and wholesale supplier in Rajasthan was awarded a works contract for electrical, instrumentation, and IT jobs at ... WebStep-by-step guide on how to add an additional place of business on the GST portal. Step 2: Navigate to Service>Registration option and then select the amendment of registration core fields. Step 3: Various tabs of editing will be displayed on the screen. A taxpayer should click on the additional place of a business tab. how is the three kings day celebrated