foreign company registration
Jhalak Jain (118 Points)
12 June 2018
Whether foreign company establishing branch office in India is liable to obtain GST Registration?
3 Replies
Siddharth Goel
(Chartered Accountant)
(3031 Points)
Replied 12 June 2018
Hi,
Yes, any foreign company that supplies goods and/or services to recipients in India, but who has no fixed place of business or residence in India are mandatorily required to obtain GST registration.
In the CGST Act, a “non-resident taxable person” has been defined any person who occasionally undertakes transactions involving supply of goods or services or both, whether as principal or agent or in any other capacity, but who has no fixed place of business or residence in India. And Section 24 of the CGST Act, has mandated that non-resident taxable persons making taxable supply mandatorily obtain GST registration.
Hence, all foreign companies that are supplying goods and/or services to recipients in India are required to obtain GST registration.
R. B. Yadav (CMA, LLB)
(Tax Consultant)
(590 Points)
Replied 12 June 2018
if their branch have revenue in India and total revenue exceeds Rs. 20 lacs in a financial year, then definitely they are liable for registration
Vinod Babu
(24191 Points)
Replied 13 June 2018
Yes. foreign company establishing branch office in India is liable to obtain GST Registration.
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