TMI Blog2019 (8) TMI 817X X X X Extracts X X X X X X X X Extracts X X X X ..... ssee along with the agreement between lessee and sub lessee must be uploaded as proof of address of principal place of business of respective suit or desk number - The GST number assigned to each co-working space must be displayed at a prominent location and books of accounts relating to the activities or business are to be kept in the principal place of business. Thus, separate registration can be allowed to multiple companies functioning in a ' co-working space and which provide services alone. Such companies shall upload the rental agreement with the land lord and lessee. If there is any sub-lease, then rental agreement between lessee and sub lessee should also be uploaded as proof of address of principal place of business of res ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ies from same address, provided they follow all GST rules related to Principal place of business ? These are start-up companies in service sector, where no stock has to be maintained. The applicant himself appeared and was heard. It is pointed out that leasing and maintaining full-fledged independent offices in big cities are unaffordable and unfeasible to most of the start-up companies due to the high rental and related charges for amenities. Due to this reason, many start-ups prefer co-working solution. Many of these business would not have survived hadn't they adopted this kind of cost control and cost reduction measures. Now, the start-up companies who work in the shared business place experience difficulties for obta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... video conferencing rooms, a mail forwarding facility with a minimum charge, etc., without a room for real-life people. These offices are of greater benefits to the travelling freelancers, small businesses, startups and even to the businesses that are operated from remote areas. There is no prohibition under GST law for obtaining GST registration to a shared office space or virtual office, if the land lord permits such sub leasing as per the agreement. Each co-working space is demarcated with different suit number or desk number. As the GST registration is based on PAN, identification of tax payer is not a difficult thing. While applying for GST registration for the co-working space, the rental agreement with the land lord an ..... X X X X Extracts X X X X X X X X Extracts X X X X
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