Stock transfer against f form
This query is : Resolved
kanika bhateja
(Querist)
10 September 2011
Whether stock tranfer aginst f form to a branch can be done at a price other than cost price???
For eg: Can we price goods costing 100 rupees at 125 rupees in stock transfer against f form to a branch in X state .Our head office is in Y state.
For eg: Can we price goods costing 100 rupees at 125 rupees in stock transfer against f form to a branch in X state .Our head office is in Y state.
RAMESH KUMAR VERMA
(Expert)
10 September 2011
Stock Transfer against form 'F' is exempted for tax. It is treated Sale as Stock transfer i return and tax will be submitted against this transfer. Form F issue on monthly basis and timely submitted at Head office (Sales tax) Form f issued from Branch to Head office.
for more info:
https://ntnonline.net/mandformf.pdf
for more info:
https://ntnonline.net/mandformf.pdf
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