Menu
E-way bill in case of Stock Transfer to own branch of business.
We are transferring Stock from our main business office to our different offices in the state, so do we need to generate e-way bill for the same? And in case it mandatory to generate it, will it be counted as outward sale to these branches because that will create problem as the products are subject to further sale at these branches but only one GST is used on all branches?
Replies (5)
If your Consignment Value exceeds Rs. 50,000, then generation of Electronic Way Bill is Mandatory in accordance with Rule 138 of the CGST Rules 2017 read with Section 68 of the CGST Act 2017.
You can generate E-Way Bill on the basis of "Delivery Challan." It will not be counted as your Outward Supply since the Branches are not separately registered under GST i.e. not a distinct person. So don't worry...
You can generate E-Way Bill on the basis of "Delivery Challan." It will not be counted as your Outward Supply since the Branches are not separately registered under GST i.e. not a distinct person. So don't worry...
Sir if you want to transfer to different offices within same state having single registation, you should use delivery challan to generate E Way bill. it will not count as turnover. (if you have different registerations please ask me)
Thank you very much.
Your Most Welcome Sir...
E-way bill is required for any movement of goods having value more than 50k. Further, as you have only one GST for all branches then will not be considered as outward supply.
Recent Threads
- Tax Implications of Alumni Union (R) under Society
- Heard & Seen Around – Your Daily Economi
- Purchase and sales of Shares entry in Tally
- Where to know latest GST HSN Codes and their Rates
- Hsn code and rate cnsl crude oil
- Clarification required on taxation of income from
- Pension Income up to Rs.1,66,250 per month equal t
- Reappointment of Managing Director in a private li
- VAT deducted by Saudi company
- RCM doubt please clarify
Related Threads
CAclubindia
