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What amount to be taken

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This query is : Resolved

Quick Summary

For stock transfers between states under GST, an inter-state GST tax invoice is required. The amount to be considered is generally the book value or cost of the stock, especially for inter-company transfers where no markup is applied.

Daya

Daya (Querist)
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15 January 2024 what amount to be taken for stock transfer from one state to another state under GST .

RAJA P M

RAJA P M (Expert)
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15 January 2024 For interstate it's through GST Tax invoice.

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)
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17 January 2024 If you are referring to base amount/price, then it should be the cost of such stocks in the books assuming there will not be any MARKUP due to inter-company transfer

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