Gst on stock transfer to rented warehouse / godown

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

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