Transfer of Finished Goods

Yes and no gst implications on warehousing in different locations

Tally transfer of goods require quantity, rate and amount :)

https://help.tallysolutions.com/article/Tally.ERP9/Creating_Masters/Inventory_Info/inv_storage_using_godowns.htm

Tax philosophy states that tax is applicable upon settlement.

Sorry Mr. Vinod and Ranjeet, transfer does fall under the ambit of supply and hence taxable:

It is quite common in a business having PAN India transactions to transfer its stock to its other units, depos, warehouses to cater to timely delivery orders from different Geographical Locations. Under Current Tax scenario, inter- state or intra-state stock transfers are subjected to levy of Excise Duty on removal of Goods. The same is not subject to VAT/ CST. Under the model of GST, tax is collected on supply of Goods with or without consideration being paid or agreed to be paid.Under Model GST Law, the term ‘supply’ includes transactions between a principal and an agent. Per clause 3 read with schedule I of GST law, a supply of goods by a taxable person to another taxable person or non-taxable person during furtherance of business without consideration is also included within the ambit of ‘supply’. Further, the subject matter of concern would be the valuation of the stocks being transferred and the availability of Input Tax Credit under the brain wave of CGST, SGST and IGST.

I should thank you back for rectifying this