Branch transfer of stocks

plz specify the section of cgst act.


intra-branch or inter-branch stocks transfer is gst liable or not?
Replies (3)
Quick Summary
This discussion clarifies whether intra-branch or inter-branch stock transfers are liable for GST. It is confirmed that stock transfers are subject to GST as per Schedule I of the CGST Act, specifically when transactions occur between distinct persons. Section 25(4) of the Act further defines distinct entities as those with the same PAN but multiple GSTINs.

Stock transfer is liable to GST as per schedule I of CGST ACT, transaction between Distinct person
Thank you

Also may refer Section 25(4) - which says two or more GSTINs having same PAN are considered distinct entities under GST.

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