Daer Learned Members,
Please help me in getting a reply for the following question I have regarding F Form
My company deals with goods which are excempted under VAT and Excise, it needs to transfer these goods to one of its branches located in other city (out of state) and from there the sale will be made to different clients. We have a godown in that state and it has seprate TIN number.
Please let me know (1) if we need to file the F Form for such transfer. (2) do we have to raise an invoice while sending the goods to the branch (3) We have not done this for the last financial year, can we do it now, if so what will be the implications of that.(4) can we get the F forms before raising the invoice or we have to raise the invoice and send a copy of the same to get the F Forms.
Please guide me on the same, its a bit urgent.
Thanks in advance
CAclubindia
