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Transfer of Stock to Branch

This query is : Resolved 

09 April 2008 Hi,
Friends & Respected Experts,

If the inventory is transfered to Branch situated in other State, then should the branch get the input VAT credit, or will the Head Office get the output VAT credit?

Please advise the treament of the same.

19 September 2008 Branch will not get ITC.

HO's ITC will be reversed as poer the Act of the state of the HO.


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