Purchase and sales related
I have a LLP company and it has two branches head branch is in Maharashtra and another one is in Karnataka and two GSTIN number, one GSTIN is of Maharashtra and another one is of Karnataka, can I purchase from my maharashtra GSTIN and sale to Karnataka GSTIN ( both state company name is same )
Replies (8)
Quick Summary
Yes you can do so. You will raise proper invoice with gst
Normal entry treatment
What about restricting it to stock transfer.
Even stock transfer will have the nature of sale and purchase as far as gst is concerned
Yes you can
I know there are several connotations but as per present Act there are some restrictions on stock transfer
What kind of restrictions?
Even I would like to know what are those restrictions
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