we are having business in many state in India.
In each state we have taken seprate
GST registration
We have purchased cupboard 5 No ( capital asset ) worth Rs.one lakh.
Asset purchased from Kolkata party
& invoice raised in our name at kolkata GST No.
But same asset we accounted in Maharashtra GST registration unit
( said H.O.) while accounting asset
we have not taken gst input.
In above case it is treated as supply from Kolkata to Maharashtra unit
as a distinct person.
Please guide me.
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Distinct person supply
Replies (7)
Quick Summary
Where the assets are using, in Kolkata or in Maharashtra.
Kolkata unit used cupboard
Then the said asset has to be capitalized in Kolkata it self.
If there is any movement of the said asset from Kolkata to Maharashtra, then a Tax Invoice has to be generated from Kolkata to Maharashtra, which shall be called as "Supply between Distinct person".
Thanks for Guidance
If the shipping address with Gstin No, has already been included in invoice ,no problem exists.
Shipping address is in Kolkata
Invoice may b amendmented
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