IT Company transfer 200 laptops from Pune to Noida.Employees return back laptops when they leave or resigns from job.
Can we treat it as "Transfer on a Returnable basis" & get it exempted under GST or Will it be considered as stock transfer & taxable ??
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Stock Transfer
Replies (4)
Its not a stock transfer niether consdered as a supply. The Laptos be dispatched by Delivery Chalan U/s 55 of CGST Rule.
Thanks for prompt reply.
So transfer of laptop will not be taxable ??
So transfer of laptop will not be taxable ??
No... it is not taxable. For a taxable event there must be a sale consideration. But for transfer, you need the E-way bill.
Thanks Sir
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