Income Tax Dept warns public against cash dealings of Rs 2 lakh or more saying that the receiver of the amount will have to cough up an equal amount as penalty.

GST registration not mandatory in every state where only godowns are situated

The Applicant is trading in Non coking Coal in various states. The applicant is importing coal from various ports and also purchases from Indian dealers in various states. The applicant has sought advance ruling on whether it requires separate registration in each State where it imports and stores the coal in godowns?

The Authority for Advance Ruling, Maharashtra observed that the applicant is importing the goods from various ports in India under GSTIN of the Head Office located in Mumbai and after importing the goods, they are stored at godowns in various States. Entire transactions of sale and purchase of coal are done from Head office and all the invoices are raised from the Head Office with Mumbai GSTIN on which IGST is charged. Moreover, the place of supply shall be the location of importer and in this case, the place of supply is Mumbai from where the applicant makes taxable supply of goods.

The Authority for Advance ruling, Maharashtra held that since the coal is only stored in godowns in various States and all transactions are done from the Head Office in Mumbai, the applicant is not required to obtain separate registration in each State.

Refer: Gandhar Oil Refinery (India) Ltd., In re - [2019] 106 291 (AAR - MAHARASHTRA)

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