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How to impact inter-state stock transfer and intra state stock transfer on GST.?

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48 Points Posted on 20 June 2017
Eg. Kindly instruct me. Tax working of stock transfer (intra and inter) on gst. Mr X is a trader If Mr.X has another branch within the state he transferred stock of his another branch. Here,should I calculate Gst tax for this transactions?
Please Explain
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On 20 June 2017 at 13:56 Report
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Tax Consultant
172 Points Posted on 20 June 2017
1. same state with same GSTN No GST
2. same state with different GSTN
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On 20 June 2017 at 14:19
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Tax Consultant
172 Points Posted on 20 June 2017
2. same state with different GSTN GST applicable
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On 20 June 2017 at 14:20
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Tax Consultant
172 Points Posted on 20 June 2017
3. inter state same person GST applicable
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On 20 June 2017 at 14:20
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48 Points Posted on 20 June 2017
Earlier in VAT no tax was imposed on stock transfer within the state. Will the same be continuing ?
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On 20 June 2017 at 14:38
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Tax Consultant
172 Points Posted on 20 June 2017
only if both address have same GSTN
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On 20 June 2017 at 14:53
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CA Final
885 Points Posted on 20 June 2017
we have to pay GST for branch transfers later shall claim them. as per my understanding
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On 20 June 2017 at 14:58
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Tax Consultant
172 Points Posted on 20 June 2017
If you trf goods in same state with same GSTN then no tax
all other case you have to pay GST and claim
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On 20 June 2017 at 15:26


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