We have purchases material from Nasik ( Maharashtra ) and directly send to our buyer to Kolhapur ( Maharashtra )
Our unit is located at Pune.In our purchase invoice party ( seller ) mentioned that - Buyer ( we .Pune location ) & consignee Kolhapur location ( our Buyer )
We maintain inventory , stock register .In this case it is essential to in & out the material in stock record.
Material is not physically brought in godown , directly gone to our party (Buyer )
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Replies (3)
Quick Summary
Gst registration is required in both cases.
Yes. You need to record in & out the material in stock record.
But sir , physically material is not come in store.
Even though recording is necessary. Only financial books of entry is not sufficient
Even though recording is necessary. Only financial books of entry is not sufficient
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