Registration requirement and Eligibility of ITC

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..... Registration requirement and Eligibility of ITC
Query (Issue) Started By: - CASUNIL BHANSALI Dated:- 27-2-2024 Last Reply Date:- 8-3-2024 Goods and Services Tax - GST
Got 5 Replies
GST
A registered person owns immovable property located across multiple state, is it necessary for them to obtain registration in each State, regardless of whether their business pertains to rental activiti .....

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..... es or any other activity? Additionally, if the registered person is not liable for registration in the location where the property is situated and charge IGST. Can the recipient of such services still claim Input Tax Credit (ITC), even if the place of supply (POS) differs from the State of Recipient . Reply By Shilpi Jain: The Reply: Registration in every State is not mandatory as supply/servic .....

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..... e is being provided from the place of his residence or normal place of business itself. He is not required to be every State where the properties are located to provide the leasing services. Reply By Shilpi Jain: The Reply: IGST will be charged with PoS being the State where the property is located. Law does not spell clearly ineligibility of credit in such cases. Though logically department w .....

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..... ould deny credit to a recipeient if he is in a State different from the State of PoS Reply By Shilpi Jain: The Reply: Such recipient could be asked to take ISD registration and distribute credit to his other registrations. Reply By KASTURI SETHI: The Reply: Sometimes it happens that service recipient is not able to utilize IGST. That aspect is also to taken care of. So either ISD or separate r .....

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..... egistration in each State would enable the service recipient to use ITC. Reply By Padmanathan Kollengode: The Reply: Personally, I would suggest to take registration in the State in which each property is located and issue CGST and SGST invoice to corresponding tenants.
Discussion Forum - Knowledge Sharing .....

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