Query regarding stock transfer
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 January 2016
Dear Sir/Madam,
My question is if we transfer stock from A state to B state & the goods which are transferred are exempted from VAT in state B & taxable in State A, then is it legally allowed . Please give reference to relevant section also.
Thanks
My question is if we transfer stock from A state to B state & the goods which are transferred are exempted from VAT in state B & taxable in State A, then is it legally allowed . Please give reference to relevant section also.
Thanks
Saket Jain
(Expert)
26 January 2016
In my view No section in CST prohibit such movement. Form F needs to be submitted.
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