GST officers working on registration mechanism for ‘shared warehouse’ for e-commerce suppliers

  • 21 May 2024
  • Team Edukating
  • 566

New Delhi, May 20: GST authorities are working out a mechanism to deal with the taxation and registration issues related to shared warehouses maintained by e-commerce companies, where multiple suppliers store their goods for the last mile delivery, an official said.

The issue of taxation for warehouses has cropped up after multiple suppliers have geo-tagged the same warehouse as their ‘additional place of business’ under the Goods and Services Tax (GST) rules.

“We are working to see whether a ‘shared workplace’ or ‘coworking space’ concept can be implemented for the warehouses maintained by e-commerce companies to store goods of multiple suppliers,” the official told PTI.

Under Goods and Services Tax (GST) law, suppliers to an e-commerce platform can store their goods at a common warehouse. However, the suppliers in their GST registration are required to show the warehouse as an additional place of business.

The official said that when multiple taxpayers register at a single warehouse, the geo-tag reflects the same address for all. This sends a signal to the tax officer that numerous taxpayers are based at one location and this might be a possible fraudulent registration.

Source : https://www.dailyexcelsior.com/gst-officers-working-on-registration-mechanism-for-shared-warehouse-for-e-commerce-suppliers/

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