Registration of Godown

Hi. I want to register an additional place of business which is used as godown. This place was taken on rent 2 years back but registration was not done. As per rule the godown should have been registered within 30 days of rent agreement. If I register now will  there be any penalty or fine payable.

Replies (4)
Quick Summary
This discussion addresses the late registration of a rented godown. While ideally registered within 30 days of the rental agreement, registering now is advised. Participants suggest creating a new rental agreement dated currently and registering it promptly to avoid potential penalties, especially if no taxable supplies were made during the unregistered period.

Better to register now than never registering.

At present no penalty is being charged

No, register now
Kindly made new rent agreement on current date and registered it within 30 days as a additional place.
I believe that no such problem will arise provided you have not made any taxable supplies during this period.

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