Gst and captive consumption

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Querist : Anonymous

Querist : Anonymous (Querist)

29 June 2018 Is there is any tax liabilty of GST on captive consumption.

Is there is any tax liability of GST on stock transfer

What is the difference between stock transfer and captive consumption.

Please throw light on the above queries.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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29 June 2018 No tax liability of GST on captive consumption. GST applicable on stock transfer outside the state.
Stock transfer is transfer of stock for further sale as such. Captive consumption is consumption of own manufactured item in the manufacture of other products.

Querist : Anonymous

Querist : Anonymous (Querist)

29 June 2018 Thank u sir. But if X a unit sends product to Y its sister concern for consumption . Is gst applicable in this case.

Dibin Divyakumar

Dibin Divyakumar (Expert)
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30 June 2018 If Sister Concern is having a different GST Number, then GST applicable.

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