GST Document

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For stock transfers between distinct persons under GST, a tax invoice must be issued. This is because supplies between distinct and related persons are considered taxable. Issuing a tax invoice allows for the claiming of Input Tax Credit (ITC).

nitin

nitin (Querist)
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08 November 2023 which document will be issued for supply of goods (stock transfers) between distinct persons?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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08 November 2023 Issue tax invoice and claim ITC.

Udaya Chandran

Udaya Chandran (Expert)
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09 November 2023 Supplies among distinct and related persons are taxable under GST. So, need to issue Tax Invoice.

RAJA P M

RAJA P M (Expert)
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13 November 2023 Yes I agreed with above replies. The distinct person will be treat as other person and GST will be chargeable. So, Issue Tax Invoice with GST.

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