“I find that the harder I work, the more luck I seem to get”
were the words of Thomas Jefferson, who was an architect, diplomat, lawyer and third president of the United States of America. Thomas Jefferson always believed in the utmost hard work with complete dedication.
He always claimed to push himself beyond his physical and mental capabilities, only to realize that these barriers were never real. These limitations are mental walls built by our brain and are quite deceiving.
The founders of InstaSpaces also follow along the same path, striving to break limitations and provide awesome services to their customers. They believe a virtual office space has more potential than just a means to get a professional business address.
We have written this article to explain, how a virtual office space can be used to obtain an APOB for GST. We have also put some words to explain the Additional Place Of Business (APOB) as well as the Goods and Services Tax (GST) model.
Can you explain the term APOB
Additional Place Of business (APOB) is a widely used term among business folk, handling multiple business locations in the same state. Many business models need to own multiple warehouses/office spaces in one single state and this poses a problem.
According to MCA, a business can only own a single principal business address in a state. This address must be registered under GST and will act as your Principal Place Of Business (PPOB).
All the other business locations in the same state will be termed as an Additional Place of Business (APOB). However, these locations must also be registered under the GST norms of the state.
For example– Flipkart and Amazon sellers have multiple warehouses in a single state. This allows them to ship products out at a much faster pace.
If you are a Flipkart seller with ten warehouses, you can register one of these locations as you PPOB under MCA and the rest of 9 locations will be mentioned as APOB.
I’m also a little doubtful about the working of GST, what is GST in simple terms
Goods and Services Tax (GST) was implemented by the Government of India on 1st July 2017. This law was brought into effect to subsume all the other Tax laws under single indirect tax law for the whole country.
This is a destination-based tax, where tax is added upon value addition. Whenever a new value is added to a product tax is added to it on multiple levels. GST is also referred to as a Multi-Stage tax structure.
Here is a small example of the taxes subsumes under GST
- Central Excise duty
- Service Tax
- Customs tax
GST was brought into action to simplify the tax system and to allow better clarification and transparency among taxpayers.
What is virtual office spaces
Virtual office Spaces provide the cheapest and quickest ways to obtain a professional business address in a prime business location. But this comes at a cost, which is the absence of a professional workspace/office space to conduct your business affairs. In simple terms, a virtual office space offers you a professional business address with a non-existential office space.
These professional addresses can be used as your mailing/billing address. The address can also be registered under the GST norms of that state and can be used to apply for an APOB for GST.
Who can provide an address for an APOB for GST
InstaSpaces is one of the leading Virtual Office Service Providers In India, with a reach across all the 29 states of India, Including union territories. They provide address locations in prime business locations which give you a very professional look in the eyes of your customer.
InstaSpaces have a ton of experience in the field of office spaces with a perfect business location in all the states of India. Here is an example of the business location they provide in Hyderabad, Delhi, and Chennai and all 29 states of India
- HITEC City
- Banjara Hills
- Connaught Place
- Lajpat Nagar
- Rajouri Garden
- Anna Nagar
All these address locations can be used as your professional mailing/billing address along with the option for registering under GST.
InstaSpaces offer Virtual office spaces for APOB under three categories
- Company registration
- GST registration
- Company/GST registration
You can opt for the GST based registration to get an APOB for GST. This is the cheapest option to get at Additional Place Of Business for GST related stuff. You can also opt for the dual Company/GST registration if you want to use the address for mailing details as well.
How will InstaSpaces help with my APOB for GST documentation
The Team of Instapaces provides a set of high-quality documents within 3-5 days of registering under one of their spaces. All the supplied documents have no mention of virtual office space in any of them, enabling you to easily process registration under GST.
The following legal documents are provided in hand for your office space
- A utility Bill
- Certificate Of Registration
What kind of additional services can the team of InstaSpaces provide for my office space
Apart from the awesome virtual office spaces at prime business locations, InstaSpaces offer a list of services you can use for your benefit
- Professional Receptionist Services
- Mail handling and Mail Delivery
- Conference rooms
- Meeting rooms
- Training rooms
- Optional workspaces like co-working and shared working spaces
- Dedicated Desk Spaces
- Dedicated Cabin Spaces
If you have any more doubts or queries, feel free to contact one of our InstaBuddies on site.
You can also contact us at the points mentioned below
Email:- [email protected]
We hope this article added some kind of value to your time.
Until next time,
Happy office Hunting…0 109