Procedure for an adding an additional place of business under GST

Do you want to start your business, or looking for how to add some additional place of business under GST? Then you have landed on a right place. You may open new offices or manufacturing plants as your company grows. You may also need to investigate other marketplaces. To do so, or for other reasons, you may need to include an additional place of business in all legal registrations. GST Registration is one of India’s most popular and significant indirect tax systems. If you are applying for or already have GST Registration, you must understand how to add a new location to your GST Registration. This article describes in detail how to add an additional place of business in GST.

Key Abstract

The GST (goods and services tax) is a type of indirect tax. It covers both goods and services. It is an indirect tax that you must collect from customers when selling your goods or services and then remit to the government.  If your annual revenue exceeds INR 20 lakh, you must register for GST if you offer products and services across state lines or through an e-commerce platform.

There are four types of GST registration in India. Tax rates range from 0% to 28%, depending on the type of products and services you provide.

Do you want GST Registration of your business?? Connect to our Experts and get your registration done in with great efficiency. We at Legal Window also files GST Returns, GST Annual Returns, GST Audit and many more. 

Importance of GST Registration

The GST replaced state taxes such as VAT, Luxury Tax, and Purchase Tax (Goods and Service Tax). Several central taxes were also replaced, including customs duty, central excise duty, and service tax.

As a result, it is critical for each taxable entity to register under GST in order to be recognized as a business entity, pay taxes, and enjoy a variety of other benefits.

Failure to register for GST may result in severe penalties, such as a fine equal to 10% of the avoided tax or Rs.10, 000, whichever is greater. If a person fails to register on purpose and is caught as a fraud by authorities, the penalty could be up to 100 percent of the tax amount avoided.

What is an additional place of business under GST?

GST registration is geographically dependent. As a result, because GST registration is PAN-based and state-specific, the supplier must register in each state. As a result, a company with multiple locations in different states must register in each state separately.

Furthermore, a company with multiple locations in the same state can designate one as the primary location and the others as secondary locations. In addition, some businesses add new locations to their business list to accommodate growth.

As a result, the GST law requires taxpayers to report such changes and additions to the GST system. In GST Registration, this is referred to as an additional place of business.

Complete Guidelines on How to add an additional place of business under GST?

The following is the complete procedure for adding an additional place of business in GST Registration.

• Move to the GST Portal.
• Connect to the Services tab.
• Select the Amendment of Registration Core Fields option after clicking the Registration button.
• In the various tabs that appear, select the Additional Place of Business.
• Fill out the ‘Additional location of the business in GST’ tile with the requested information. The following information is required to change your GST address:
• The reason for the change
• The modification date
•  By clicking the ‘Add new’ button, you can add the ‘Details of Additional Locations of Your Business.
• To complete the verification procedure, select the verification checkbox, the name of the authorized signature from the drop-down list, and the location of signing the application. This application must be signed electronically with a Digital Signature Certificate.

To Sum Up

Change is almost never easy. The government is attempting to smooth the transition to GST. It is critical to learn from global economies that implemented GST before us and overcame the teething problems to reap the benefits of a unified tax system and simple input credits.

The key is to always be GST-compliant. Legal Window has an all-in-one GST kit designed specifically for CAs. Feel free to connect with us to avail our GST Services.