Invoice or delivery challan

This discussion clarifies whether to issue a GST invoice or a delivery challan when transferring a company asset, like a transformer, between two different GST registrations in Tamil Nadu and Karnataka. Given that both locations are considered distinct persons under GST law, even if transferred without consideration, a tax invoice must be raised. This is because the transfer of a business asset to another distinct person is treated as a supply, requiring an invoice, albeit on a PAN basis without tax cost.