If a company having branches in different states,have they taken different registration or they can do the business with single registration?
shubham jain
(8 Points)
Replied 07 March 2018
CA Srujann kumar Reddy
(Asst Manager(Internal audit))
(1679 Points)
Replied 07 March 2018
Supply definition as per section 7 says that transfer is also a supply and hence whenever you are transferring to your branch you have to pay tax
further, once you pay tax and if you don't take any credit then it will be a loss for you
Hence apply for registration in each state separately in order to avoid the loss of input credit
bijo
(Accountant)
(302 Points)
Replied 07 March 2018
I am asking this question because,we got a IGST bill from Karnataka state. But they are having a brach in Kerala. Can we accept this bill?
CA Srujann kumar Reddy
(Asst Manager(Internal audit))
(1679 Points)
Replied 07 March 2018
you can if GST number is correct