If a Mumbai HO is having branch in AP state and AP branch is having GST No, HO buy material from Gujarat & trf it to job worker in telangana. After finishing off the job Work process material is directly sold to Customer from TG only. My query is that whether Ho can transfer the Finished goods from Job worker premises to its Godwan at AP state & sell it from AP in IGST or Sell need to be made from AP State only charging CGST & SGST as branch is registered in the same state.
Menu
Gst - levy of gst
Replies (1)
On transferring the goods from Job worker to Godown, the transfer has to be made with Invoice with IGST and can take the ITC of the same, as it is a stock transfer between distinct persons as per Sec 7 read with Schedule 1.
Sale from Godown of AP can be made with CGST and SGST, as the same i.e. godown is registered
Sale from Godown of AP can be made with CGST and SGST, as the same i.e. godown is registered
Recent Topics :
- Paper 6 - IBS
- Chhath Puja 2026 Dates Timing Tithi
- Tax Benefit on Second Property
- IPO application checklist: 18 rules that decide wh
- NSE IPO Price, GMP, Allotment Date and Listing
- Gst tax rate
- Cash deposited by customer
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
Related Topics :
CAclubindia
