sudheer koduri 29 June 2018
I'm an SAP consultant,
We have a Captive consumption scenario,
Plant-A & plant-B are in the same company and within the same premise (Same GST Reg. no.)
Plant-A supplies the material-X to plant-B and Plant-B uses that to manufacture the finished material-Y.
We thought to map this with STO process, The requirements are,
1. As per Cost Accounting Standards (CAS-4) the supplying plant-A material as to be supplied with 110% of the MAP.
2. In receiving plant-B also the price as to updated with 110% mentioned in STO PO or Billing.
Any of u guys have this scenario.
Already I have checked in the forum but didn't find the solution.
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Satya ND (Finance Professional) 29 June 2018
If 2 firms/companies are have 1 GST registration(same state), there is no need to raise Tax Invoice with GST, send goods/services under DELIVERY CHALLAN without GST.
and also note that there is no concept of Captive consumption in GST, when u want to make a supply, then GST will apply.