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F form doucmentation

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Ravi Jhamb (Querist)
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22 August 2012 Dear Sir

We transfer our goods to our branch through F form. which type of record we have to maintain for F form purpose.

Thanking You

Regards
RAvi

MJ Krishnamurthy

MJ Krishnamurthy (Expert)
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28 August 2012 Mr Ravi Jhamb,
It is your own sale,but through your branch and in a different tax law area. So initially keep it under a stock transfer a/c. After receiving sales proceeds of the stock sent by you merge it with normal sales a/c. For VAT return purpose full details of stock sent on transfer,'F' forms received and sales proceeds should be available in a seperate a/c....MJK

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