Gst on stock transfer
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 November 2017
Dear Experts,
We are a manufacturing Company of Liquor in odisha. As per GST regime the company are ineligible for ITC. we have transfer goods (empty glass bottles) to our another unit with same name in chhattisgarh. in this event how much GST will be attract on this & what is its treatment. can output liability adjust with ITC on Purchase.
Which type of Invoice has to issue for movement of goods in Inter State. is it in Stock Transfer Note Or Tax Invoice.
Please Suggest
We are a manufacturing Company of Liquor in odisha. As per GST regime the company are ineligible for ITC. we have transfer goods (empty glass bottles) to our another unit with same name in chhattisgarh. in this event how much GST will be attract on this & what is its treatment. can output liability adjust with ITC on Purchase.
Which type of Invoice has to issue for movement of goods in Inter State. is it in Stock Transfer Note Or Tax Invoice.
Please Suggest
25 November 2017
Dear.,
The Intra state transfer is GST not applicable... But.,
The inter state supply is GST levied also it's treated as Sales. Not a Transfer. SO, You ll be make it in Tax Invoice...
The Intra state transfer is GST not applicable... But.,
The inter state supply is GST levied also it's treated as Sales. Not a Transfer. SO, You ll be make it in Tax Invoice...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- Nursery business
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Intimation under section 245
- GST input credit on commercial property
- ETDS return q4 25-26
- Section 269ST applicability for capital introduced by partner to his partnership firm
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
