STOCK TRANSFER

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24 Points Posted on 19 February 2020

how to treat stock transfer  to different state or zone under GST with example. 

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On 19 February 2020 at 12:37 Report
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This discussion clarifies how to handle stock transfers between different states or zones under GST. It explains that such transfers are considered a 'supply' under Entry 2 of Schedule I. Therefore, they must be treated as sales and require the issuance of a tax invoice, even without monetary proceeds.

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"Do the Right Thing...!!!"
128162 Points Posted on 19 February 2020
Through Sale proceeds as Sales with Tax Invoice...
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On 19 February 2020 at 14:53
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GST Practitioner
55067 Points Posted on 19 February 2020
It's supply in term of Entry 2 under Schedule I .
Hence can only transfer by Issuing Tax Invoice .
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On 19 February 2020 at 16:16

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