CST STOCK TRANSFERE

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Querist : Anonymous (Querist)
18 January 2011 A Limited company is having four divisions at 4 diferent states. Whether stock transfer of goods from one division to another division amounts to sale or exempted against form F of CST ACt.

Pl. urgent

18 January 2011 Stock transfer within the same entity will not be considered as sale. But the Form F needs to be obtained from the receiving branch.

18 January 2011 Can transfer on the strength of F form as per section 6A(1) of the CST Act read along with rule 12(5) of the CST(R&T)Rules.

19 January 2011 will not be considered as sale if the transaction are with Form F


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