Stock transfer
This query is : Resolved
19 November 2014
As I mentioned in the subject, my query is related to the stock transfer.
presently our organisation has 9 units all over India. all of them are regularly dealing in stock transfer with each other. generally two types of stock transfer are going on in our organisation :-
1) stock of raw material transferred as it is to our other unit.
2) stock of finished goods transferred after doing work on the raw material.
now, my query is as follows :-
1) whether both the abovementioned cases are covered in the definition of stock transfer in cst act,1956?
2) whether form - F is required to be issued for both the cases?
19 November 2014
Yes, both the type are covered under CST Act,and F form can be used for both the type of goods....mjk
22 November 2014
you can tfr the goods against form F. there is no diff.
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