Hi,
With regards,
Subramanya
| Originally posted by :subramanya | ||
| " | Hi, We have Head office in Delhi and transferring goods to our Agents in Delhi. In HO, as we are transferring goods within state there will be no Tax. Agent will sell the goods (within Delhi) and collect VAT. How we can account the same in HO and in DVAT 16 where to enter the same ..? With regards, Subramanya |
" |
Dear Mr Subramanya
as you are consigining goods to ur agent in delhi,
as far as Delhi VAT is concerned this is not a branch transfer because this trasnfer is under the same jurisdiction of Delhi VAT,
But as this is mere consignment to ur agent & when these goods will be sold by ur agent then u have to show this sale in DVAT 16 as local sales .
Thanks & Regards
Raman Gora
Dear Mr Raman.
IF we trfr stock from one DC to another DC with in same state .... so is there any tax liablity will be levied .
and is there any from for stock trfr with in same state.
CAclubindia
