Registration for gst

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This query is : Resolved

Shankar T S (Querist)

26 November 2016 Dear Sir, Our Company is a trading and service providing company. We want to know the following points to understand if to register in different states or not?

A) We import goods and provide services to customers across India. So we will have both IGST and ( CGST+SGST ) payments on Sales side.

B) On Purchase side our purchases of goods are limited local and inter state purchases and more import purchases. We will also purchase some services like rent and telephone in different branches we have across India.

c) Under the above scenerios should we register only in Karnataka or in other states also? We will have sufficient IGST to Pay on various sales invoices. Can we off set this liability with CGST and SGST purchase bills of services. If we are to register in branches where only some small services are purchased it will increase the compliance part.

Kindly advise
Thanks

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

26 November 2016 You have to register in other states also wherever you have branch. IGST liability can be set off against CGST and SGST.

Shankar T S

Shankar T S (Querist)

26 November 2016 Thank you Sir. Just wanted to clarify if we have sufficient IGST to set off CGST and SGST of different branches states then can we not avoid registration. this will simplify our process because the number of CGST and SGST bill we would like to use against our IGST will be very less .

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

27 November 2016 To avoid registration close down the branches, do the business directly.

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