Machinery Branch Transfer

This discussion addresses the process of transferring machinery between two factory locations within different states (Hyderabad to Vijayawada). It clarifies that under GST, such permanent transfers of assets where input tax credit has been availed are taxable. Key documents required include a tax invoice, with valuation determined by CGST rules. The advice suggests raising an invoice from the originating factory and claiming ITC at the receiving factory, while also prompting for clarification on the machinery's purpose and type.