Inclusion of Rental Business Location as Additional Place of Business (POB)

[CASUNIL BHANSALI]

Whether the Company is required to Declare Each Rental Property as Additional Place of Business in GST?

AI Summary

Debate on Whether Rental Properties Must Be Declared as Additional Places of Business for GST; Practical Challenges Noted. A discussion on whether a rental business must declare each rental property as an additional place of business (POB) for GST purposes. Some participants argue that if stocks are kept or transactions occur at a rental location, it must be declared; otherwise, it is considered unregistered, potentially leading to tax evasion issues. Others suggest that even if no goods are stored, declaring properties as additional POBs can prevent disputes. Practical challenges include displaying GST certificates and maintaining records at each location, especially if properties are out of state, making it impractical to declare all properties.