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Add Place of Business

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Account Officer
653 Points Joined June 2013
We are registered in GST and we purchased a plot adjacent to factory and constructing a building.

Presently it is under construction do we need to add the same as our additional place of business right now

or we can add once we start operations
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On 30 May 2022 at 20:44 Report
Replies (11)
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582 Points Joined June 2018
If you have required supporting documents such as purchase deed and property tax receipt , you can apply for additional place of business whenever required irrelevant of its construction...
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On 30 May 2022 at 21:25
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70 Points Joined June 2021
You should add that
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On 30 May 2022 at 21:27
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Chartered Accountant
86505 Points Joined April 2011
Add the place as godown.
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On 30 May 2022 at 22:26
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Profession Business
28196 Points Joined May 2017
After commencement of operations from yhat building.
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On 30 May 2022 at 23:48
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CFO- at NHTF
58280 Points Joined August 2012
@ Vipul Acharya ,

What is the nature of business?

Are you a builder or Contractor?
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On 31 May 2022 at 07:54
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Profession Business
28196 Points Joined May 2017
Not required for nature of building it is applicable for every nature of business.
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On 31 May 2022 at 08:01
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CFO- at NHTF
58280 Points Joined August 2012
Nature of business is very much required.

If he is a builder he may claim ITC .

But if he is a normal person constructing a house then treatment is completely different.
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On 31 May 2022 at 08:10
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Profession Business
28196 Points Joined May 2017
If he Is a builder he can claim subject to several conditions.
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On 31 May 2022 at 08:45
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Chartered Accountant
5010 Points Joined March 2020

You can add the factory building as an additional place of business now also because you have the property documents available with you for amendment. 

 

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On 31 May 2022 at 11:16
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Chartered Accountant
86505 Points Joined April 2011

Just a single reply on all above comments,  please understand query and then reply. 

You can add the building under construction as additional place now or even after completion.

 

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On 31 May 2022 at 11:21
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CFO- at NHTF
58280 Points Joined August 2012
@ Vipul Acharya ,

Place of business should be ready for use either for operations or for managerial purposes .

So as of now it's not required to add additional place of business
1 Reply
On 01 June 2022 at 00:39

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