Gst on stock transfer to rented warehouse / godown

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 March 2018 Hi,

I have rented out a Warehouse / Godown for storage of goods on a temporary basis for 1-2 months.

My Place of Business and the Rented Warehouse / Godown are in different cities within SAME state.

I have the following questions,

1. Whether do i need charge GST for above stock transfer?

2. Whether have I to raise 'TAX INVOICE' or 'DELIVERY CHALLAN'?

3. In E-way Bill, under sub-type do i need to select 'SUPPLY' or 'FOR OWN USE'?

4. Procedure for Sale from the Rented Warehouse/Godown - Invoice and E-way Bill.

Thanks in advance.

Udaya Chandran

Udaya Chandran (Expert)

05 March 2018 You have to declare your warehouse as an additional place of business. After that, you can transfer the the goods under DC.

Udaya Chandran

Udaya Chandran (Expert)

05 March 2018 You have to select 'Supply' in eway bill while transfer.

Querist : Anonymous

Querist : Anonymous (Querist)

05 March 2018 Thanks for your reply sir.

The Warehouse is a rented one and that too on a temporary basis. I may not use it in future.

Do i still need to declare it as 'Additional Place of business'?

Udaya Chandran

Udaya Chandran (Expert)

05 March 2018 Yes, you have to declare it as additional place of business, if you supply from that warehouse.

Querist : Anonymous

Querist : Anonymous (Querist)

05 March 2018 Thanks for your reply sir.

As declaring the Rented warehouse as 'Additional Place of Business' can be done only by 'Amending the Registration - Core fields', it takes time to get amended.

Also that in the mean time, I may take another warehouse for rent to keep my additional supplies.

This happens in my business that i may purchase in bulk suddenly if there is favorable price.

Storing of my sudden excess goods depends on space availability at various 'Warehouses'.

So for every time I have to keep on 'Amending the registration' which is very time consuming.

Is there any other way, sir?

Udaya Chandran

Udaya Chandran (Expert)

06 March 2018 Yes, you need to amend all the places wherever you goods are stored or supplied from.

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