storage of goods outside the premises-reg

[Ramakrishnan Seshadri]

Dear Sir,

We are the manufacture of automobile parts supplying to OEM customer. We had a doubt.

We are importing raw materials from outside india. One of our raw materials informs that he will supply some bulk rawmaterial to us. He ask us to pay duty and clear the consignment and ask us to store in private warehouse and clear the rawmaterial from private warehouse.

In this case what is the procedure to be followed for storing goods outside the premises

How to take gst credit on the raw materials.

Dear experts please clarify.

Thanks & Regards.

S.Ramakrishnan

[Alkesh Jani]

Sir, In this case, my point of view is that, you need to add private warehouse as your additional place of business and you can store the goods there. You can also take the eligible ITC of the raw material imported.

[Ganeshan Kalyani]

If you add the warehouse as an additional place of business then you can take input tax credit on receipt of material in the warehouse.

[Ramakrishnan Seshadri]

Dear Sir,

The Private warehouse is maintained by the importer and he will pay all the charges like rent and other things.

We will not pay any charges .Our Job is to clear the consignment and keep in that warehouse,Whenever we need we can take the consignment from the ware house.

How to go about it in this case. Please clarify.

Thanks & REgards,

S.Ramakrishnan

[YAGAY andSUN]

In this scenario, in our view, you need to take registration. However, in VAT Regime the legal position was settled but in GST Regime there is no such clarification. You may also go through the definition of additional place of business and also get it clarified from your Jurisdictional Commissioner.

AI Summary

Additional place of business: private warehouse classification affects GST registration and eligibility to claim input tax credit, seek local clarification Whether storage of imported raw materials in a private warehouse maintained by the importer permits the manufacturer to treat that location as an additional place of business for GST purposes and claim Input Tax Credit. Practitioner replies recommend adding the private warehouse as an additional place of business to enable claiming eligible ITC on receipt of materials, but note uncertainty under GST and advise seeking clarification from the jurisdictional tax authority.