Dear sir/ madam
please explain about stock transfer,how it is effect in GST,is it taxable or not....
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stock transfer
Replies (2)
You can transfer stock to your other branch with effective GST rate.It is also a supply under GST.
Incase of Intra state it will not cover under GST but in case of Inter state stock transfer GST will be paid and ITC will be available.
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