We have 2 unit in a different name. (1) Trading Unit (2) Manufacturing Unit. We make a balance sheet combined as a group of companies.
Our main unit is Trading unit, where we import our goods. now we want to transfer goods to our Manufacturing unit. Now sales will make from manufacturing unit.
What entry we take for branch transfer in Trading and manufacturing unit, when we transfer the goods?
What is the entry for Modavat?
Dear Mr. Hitesh P.Pithava,
Iam not clear. Pls explain clearly.
Regards
RP Ananthakuamr
its not branch transfer, it would be dealer registrqation, and from dealer registration account you have to issue trading invoice to your manufacturing unit.
( this is view regarding excise only, for other detail, please expand your query)
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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