05 December 2018
Sir, We have company head office at Bhopal ( Madhya Pradesh), Our Bank is at Mumbai. Mumbai bank open a L/c and charge related expenses and provide GSTIN invoice with GST no of HO at Bhopal location. But this material is basically related to a particular branch at Ahemdabad ( Gujrat).
My Query:- Company do not have ISD number. So expenses are booked at Ahemdabad location and GST credit related to that expenses are taken at HO, Bhopal location. Is it ok . Thanks
06 December 2018
As per section 12 of IGST Act, for banking services, the place of supply is the location of the recipient. Accordingly you can take Input.
CAclubindia
