Gst on branch

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This query is : Resolved

prakash menon (Querist)

27 July 2017 I want to know whether we want to open branch a/c in our head office at Mumbai under GST registration. The PAN is same. The branches are Hyderabad, Bangalore and Goa

Please reply back

RAJA P M

RAJA P M (Expert)

27 July 2017 Dear Sir.,
What you mean Branc A/c...? Is it Bank...? Or Branche Registration in above said cities under GST....?

prakash menon

prakash menon (Querist)

28 July 2017 Yes it is Branch registration in other cities under GST

RAJA P M

RAJA P M (Expert)

28 July 2017 Yes... You can register branches in other state. A single PAN is used for Branch registration...

prakash menon

prakash menon (Querist)

28 July 2017 Please let me know whether I have to do GST return from branch also, as sales are being done from branch also.

Message likes : 1 times

RAJA P M

RAJA P M (Expert)

28 July 2017 Yes...
Same state branch transfer as just transfer. But,
Inter state branch dealing also accounted as Sales/Purchases. You can maintain both are separately and Returns also separate...

prakash menon

prakash menon (Querist)

29 July 2017 Our Tirupur factory sent the finished goods to Our Mumbai Godown after charging IGST. Also our labour contractors are invoicing at our Tirupur address, adding CGST and SGST and sending the invoices to us , because the payment of the same are being done from Mumbai (Head Office). Then what is the procedure for accounting the transaction, as there is no accountant at our Tirupur factory.
Whether we have to open a separate co in our accounting package with separate entity of Tirupur branch and accounting the same.
Please explain

prakash menon

prakash menon (Querist)