Co-working cos, tax experts ask government to simplify GST registration
Co-working operators and tax experts have urged the Centre for a simplified GST registration for firms operating from a shared space. The request comes after GST officers sought extensive documentation, such as registered leases and clearances from original owners, to prevent firms from using the coworking setup only for GST registration.
"Denial of registrations at co-working spaces is a challenge faced by a lot of multinationals wanting to start small in India to test the market and environment or those seeking to follow a hybrid model of working,” said Saket Patawari, Executive Director–Indirect Tax, Nexdigm.
Despite benefits and flexibility offered by the coworking operators, an evident roadblock was the denial of GST registration when the ‘principal place of business’ was applied for at such shared spaces.
