stock transfer
renjith rg (15 Points)
17 June 2017please explain about stock transfer,how it is effect in GST,is it taxable or not....
renjith rg (15 Points)
17 June 2017
Vineeth PN
(Account Assistant)
(687 Points)
Replied 17 June 2017
You can transfer stock to your other branch with effective GST rate.It is also a supply under GST.
Lalit Nagpal
(Assistant Manager)
(541 Points)
Replied 17 June 2017
Incase of Intra state it will not cover under GST but in case of Inter state stock transfer GST will be paid and ITC will be available.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India