Dear All,
We are looking for possibility for of having a warehouse for our suppliers in our company premises.In a way the suppliers will place materials at the warehouse and invoice(to us) will be made during the removal of material from the warehouse.
Any procedure to be followed please advice.
Regards,
Vivek A
GST additional place of business requires supplier to register and display registration for warehouse on buyer premises, invoice on removal. The supplier storing materials at the buyer's warehouse must treat that site as an additional place of business, and the supplier's GST registration certificate for that location must be obtained and displayed; invoicing on removal does not remove the supplier's registration and place of business obligations. (AI Summary)