Goods purchase for Head Office

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..... Respected Experts Please answer the following Query:- I am registered as an ISD. All common services received are duly distributed. Now if am purchasing some goods (i.e Lap top, phtocopier maching .....

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..... , AC etc) for my ISD location, can i distribute credit of all such goods.(As ISD can distribute credit of services only that what will be about credit on such goods) Thanx - Reply By KASTURI SETHI - .....

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..... The Reply = ISD cannot distribute ITC of goods as it is evident from the nomenclature itself. However, you have one option. If Head office is registered as dealer and in the application for registra .....

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..... tion branches are declared as additional place of business, being in the same State .Branches should be located in the same State. No other alternative for distribution of credit in respect of goods. .....

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..... - Reply By Ganeshan Kalyani - The Reply = I agree with Sri Kasturi Sir 'a view, ISD cannot distribute credit on goods. For this purpose you have to get the goods delivered at respective branche .....

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..... s and also the bill from vendor is to get on that branch itself. If you want to have control of the purchases get the copy of invoice at head office. - Goods purchase for Head Office - Query Starte .....

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..... d By: - Vinod Maheswari Dated:- 21-7-2019 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - .....

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..... taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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