https://www.taxtmi.com/news?id=18537 Registration in a State/UT may be singular for multiple units with optional separate registrations by business verticals; branches in different States are distinct persons and transfers between them are treated as inter State supplies attracting IGST. Supplier borne charges payable by the recipient form part of transaction value. Branded packaged staples in unit containers are taxable whereas unbranded bulk supplies are exempt. Voluntary registration permits input tax credit on inputs and inputs in stock immediately preceding registration, subject to exclusions for capitalised goods and certain services; tax invoicing and serialisation rules apply and tax is chargeable only from the grant of registration. en-us Tue, 01 Aug 2017 10:21:01 +0530 Tue, 01 Aug 2017 10:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18537 Registration in a State/UT may be singular for multiple units with optional separate registrations by business verticals; branches in different States are distinct persons and transfers between them are treated as inter State supplies attracting IGST. Supplier borne charges payable by the recipient form part of transaction value. Branded packaged staples in unit containers are taxable whereas unbranded bulk supplies are exempt. Voluntary registration permits input tax credit on inputs and inputs in stock immediately preceding registration, subject to exclusions for capitalised goods and certain services; tax invoicing and serialisation rules apply and tax is chargeable only from the grant of registration. News - Tue, 01 Aug 2017 10:21:01 +0530 https://www.taxtmi.com/news?id=18537