Stock transfer- within state (tally entry)
This query is : Open
25 May 2018
--THE PARTY IS RETAILER AS WELL AS DISTRIBUTOR..DISTRIBUTOR MARGIN IS 3% & RETAILER MARGIN IS 5%. THE PARTY HAVE TWO BRANCHES IN BIHAR BESIDE ONE HEAD OFFICE IN BIHAR WITH SINGLE GST REGISTRATION.
NOW MY QUESTION IS::
Q1) WEATHER IT IS TAXABLE EVENT OR NOT??
Q2) IF IT IS NOT TAXABLE WHERE SUCH SUPPLY TO BE SHOWN IN GST RETURN?
Q3) IF IT IS NOT TAXABLE CAN I TRANSFER SUCH GOODS ON THE BASIS OF DELIVERY CHALLAN NOT TAX INVOICE?
Q4) WHAT IS THE JOURNAL ENTRY IN TALLY (IN BOTH HEAD OFFICE & BRANCH ) & WHICH VOUCHER IS USED SO THAT IN CONSOLIDATION NO PROBLEM ARISES & CORRECT CALCULATION OF GST IN TALLY SHOULD BE DISPLAYED..
PLEASE RESPOND QUICKLY...
THANKS IN ADVANCE!!
NOW MY QUESTION IS::
Q1) WEATHER IT IS TAXABLE EVENT OR NOT??
Q2) IF IT IS NOT TAXABLE WHERE SUCH SUPPLY TO BE SHOWN IN GST RETURN?
Q3) IF IT IS NOT TAXABLE CAN I TRANSFER SUCH GOODS ON THE BASIS OF DELIVERY CHALLAN NOT TAX INVOICE?
Q4) WHAT IS THE JOURNAL ENTRY IN TALLY (IN BOTH HEAD OFFICE & BRANCH ) & WHICH VOUCHER IS USED SO THAT IN CONSOLIDATION NO PROBLEM ARISES & CORRECT CALCULATION OF GST IN TALLY SHOULD BE DISPLAYED..
PLEASE RESPOND QUICKLY...
THANKS IN ADVANCE!!
26 May 2018
1. No...
2. No need to show it in GST returns...
3. Delivery Challan and E-Way Bill if required...
4. In Stock Journal entry (please go to google and search)
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