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SEPARATE REGISTRATIONS REGISTERED FOR SEZ & NON-SEZ UNITS OF AN ENTITY!

Friday, April 28

The draft GST Registration rules stipulates that a SEZ unit or SEZ developer shall make a separate application for registration as a business vertical distinct from its other units located outside the SEZ. It implies that any entity which has both SEZ & Non SEZ units will have to take separate registrations for the SEZ Units and for Non SEZ units. Example: If a Company has a unit in a SEZ in Noida and one unit outside the SEZ also in Noida, this Company will need two separate registrations which include one for SEZ unit & the other registration at the state level for the non SEZ unit. The number of registrations might increase further, if the entity plans different registrations for different business verticals. And separate registrations will have its own implications.

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