Transit Godown

Others 562 views 2 replies

Sujit Saha

243 Points Posted on 26 March 2021

Sir, as a small retailer in textile (registered in gst) I use to purchase various items from different states of India and bring to my state for selling through transport(inter state sply). My suppliers despatch items with or without e-way bill(above50000/below 50000). But due to lack of space in our warehouse, consignments do retain in transporters godown, even after reaching at our city. The godown is registered / declared in transporters gst Portal.
Now please let me know ...
1. How long goods can be retained in transporters godown even after reaching in my state ?
2. Is there any formalities in my part to do in my gst Portal..
looking forward to your valuable suggestions elaborately with reference of rules.

Replies (2)

Sandeep shetty

Sr Accountant

292 Points Posted on 26 March 2021

Hi,

You have to declare that place as your additional place of business in your GST registration

As per section 2(85) of the CGST Act defines the “place of business” to include “a place from where the business is ordinarily carried out, and includes a warehouse, a godown or any other place where a taxable person stores his goods, supplies or receives goods or services or both

Sujit Saha

243 Points Posted on 26 March 2021

Thanks for your valuable suggestions.But sir, section 2(85) define the place of business only rather it says to register the place in gst. Moreover the said premises is already registered under transporters GSTIN. So it's quite natural to store transported goods and act as a transit godown. please give some light....