Input credit reverse on stock trf.

Anoop (Service) (345 Points)

07 October 2009  

In case of stock trf. the goods to our branch located in another state  against 'F form and on the same goods we have already taken input credit since it was locally purchased. How much tax (4% or 2%) we shall have to reverse in the state of Haryana, UP & Delhi and if differ rules in other state.

Kindy clarify.