Question on stock transfer

Others 2825 views 7 replies

Ganesh

Business

26 Points Joined September 2010

Dear all,

I'm a spices dealer based in Kerala. We are planing to open a new branch in TamilNadu. We want to transfer the commodities from Kerala to Tamilnadu for processing. My question is:

1. After transfering the goods from Kerala to Tamilnadu can the same goods be brought back to Kerala [ For Sale from Kerala] after processing. If so what is the procedure and what are the forms required?

2. If the material is sold from Tamilnadu after processing what forms are to be submitted?

3. Is there a stock transfer invoice to be raised? If so what is the format?

Any help would be greatly appreciated.

Thank you

Replies (7)

C.A. Sandeep Wawhal

CA PGDFM BCom

1831 Points Joined June 2010

1. Stock Transfer invoice will be raised

2. Form F from Sales Tax Authority is required if goods are transfer outside the state.

mannu

1/2 CA

589 Points Joined December 2011

sandeep

tell me when form c is required

CA Mukul Garg

264 Points Joined February 2011

mannu.......Form C is Required for inter state sale with register dealer......

mannu

1/2 CA

589 Points Joined December 2011

thanx mukul ....tell me sandeep is right??

ashok roy

partner

22 Points Joined October 2009

Sir,

i received a goods from maharashtra to kolkata as branch transferred @ 150/- kgs on performa invoice. At kolkata i will sale the same @ 200/- kgs what is the value are assable for the sales tax F form ( on what are value we send the "F" form to Maharashtra Branch.

Regards

Ashok Roy

Vijay Kumar

Job

41 Points Joined March 2009

Sir,

Is there any advantage if we write Stock transfer Challan –cum – Invoice”. on Inter Branch transfer documents..? or else we have to mention only Stock transfer Challan. Pls.confirm