https://www.taxtmi.com/article/detailed?id=9676 The amendment to section 25(2) allowing separate registration for each place of business creates a transition gap: taxpayers who obtain a new place-specific registration while an existing single registration remains operative must manage closing stocks, works in progress, goods in transit and ongoing production without prescribed transitional rules. This absence leaves unresolved entitlement to input tax credit and allocation of operations between two distinct GST registrations, risking concurrent operation disputes and necessitating transitional provisions similar to those in section 18 for transfer of unutilised credit. en-us Tue, 09 Feb 2021 09:39:54 +0530 Tue, 09 Feb 2021 09:39:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9676 The amendment to section 25(2) allowing separate registration for each place of business creates a transition gap: taxpayers who obtain a new place-specific registration while an existing single registration remains operative must manage closing stocks, works in progress, goods in transit and ongoing production without prescribed transitional rules. This absence leaves unresolved entitlement to input tax credit and allocation of operations between two distinct GST registrations, risking concurrent operation disputes and necessitating transitional provisions similar to those in section 18 for transfer of unutilised credit. Articles Goods and Services Tax - GST Tue, 09 Feb 2021 09:39:54 +0530 https://www.taxtmi.com/article/detailed?id=9676