Stock transfer
This query is : Resolved
12 October 2011
Dear friend,
I have a shop which is a propreitory concern in karnataka. i propose to open a shop in kerala. what formaliies i have to undergo inorder to show that it is my own shop in kerala so that i am not charged CST on stock transfer to my branch in kerala.
please reply
I have a shop which is a propreitory concern in karnataka. i propose to open a shop in kerala. what formaliies i have to undergo inorder to show that it is my own shop in kerala so that i am not charged CST on stock transfer to my branch in kerala.
please reply
MJ Krishnamurthy
(Expert)
13 October 2011
Ms Deepika,
This is transaction covered under CST Act. The stock transfer provision under this Act has been deleted. So you have to register the shop in Kerala also issue invoices charging 2% CST against 'C' form.
MJK
This is transaction covered under CST Act. The stock transfer provision under this Act has been deleted. So you have to register the shop in Kerala also issue invoices charging 2% CST against 'C' form.
MJK
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