Additional Place in Same State
This query is : Resolved
07 July 2021
Respected Experts, we are footwear manufacturer and registered in Bahadurgarh, Haryana. We want to take a premises in rent due to space problem (500 Mtr. from main Unit) and want to show the same as additional place, where some manufacture relating activity will be done. Sir/Mam, I want to do the below practice, kindly advise me, if I am wrong :-
1) We will purchase materials (Bill to Ship to case) i.e. Bill to Main Unit, Ship to Additional Place and will take ITC in main Unit. After processing of necessary manufacturing in Additional Place, we will make a delivery challan for movement of goods from Additional place to Main Unit.
2) In both the places we will maintain stock.
Kindly guide me
Rakesh Sharma
1) We will purchase materials (Bill to Ship to case) i.e. Bill to Main Unit, Ship to Additional Place and will take ITC in main Unit. After processing of necessary manufacturing in Additional Place, we will make a delivery challan for movement of goods from Additional place to Main Unit.
2) In both the places we will maintain stock.
Kindly guide me
Rakesh Sharma
07 July 2021
Correct in all aspects however ITC is common for both the premises since they are both under single registration.
07 July 2021
Thank u Sir for your prompt reply. So we can claim all the ITC in the Main Unit. Nothing questionable in this.
07 July 2021
Sir, please reply there is no issue to take all the ITC in Main Unit
07 July 2021
Yes, there is no issue to take all the ITC in Main Unit as it's single registration.
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07 July 2021
No issue. ITC will be common as it will be under same registration.
For accounting purpose you can keep it in main office.
For accounting purpose you can keep it in main office.
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07 July 2021
Thanking you Zafar Sir.
SEETHARAMAN Sir, you are my Ultimate Guide as always. You know Sir, I want, you to solve my query. I am so lucky that I have your favour. Thanks a lot Sir.
SEETHARAMAN Sir, you are my Ultimate Guide as always. You know Sir, I want, you to solve my query. I am so lucky that I have your favour. Thanks a lot Sir.
08 July 2021
You are welcome.............
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