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.
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...