Stock transfer

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sir i have transferred stock from one state to another state and name of company is same

whether gst is applicable or not

please help any one .

Thanks in advance

Replies (4)

Yes, GST is leviable on such Interstate Stock Transfers Also.

yes stock transfer to another state will attract GST

Stock transfer under GST would be taxed.

As per section 25 , they are treated as Distinct Person , hence GST is applicable ,Delivery shall be done by Raising Tax Invoice

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