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Transfer of goods from one firm to another when they share the same godown

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Bublu Goel

21 Points Posted on 24 April 2021

Hi,

I have 2 firms that have the same godown. How do I show transfer of stock from one firm to another under gst. I can't get an e way bill without putting truck number for the transfer when there is no physical transfer required. Just transfer from one firm to another on paper.

Replies (3)

Quick Summary

This discussion clarifies how to manage GST stock transfers when two firms share a single godown. If both firms have separate GST registrations, the transfer is treated as a supply, and GST is applicable, requiring a GST invoice but not an E-way bill as there's no physical movement. If it's a single GST registration for both, no GST is charged, and only a stock transfer entry is needed, with no E-way bill required.

Deepak Kumar

453 Points Posted on 24 April 2021

Please clarify you have two diferent registration or only one registration

Kaustubh

benuskar

26 Points Posted on 24 April 2021

Case 1: If both firm have different GST registration numbers then this stock transfer treated as supply of goods u/s 7(1)(c) sch I entry 2 & GST applicable on it.

Case 2: If there is single GST registration for both firms then It is not treated as supply & No gst applicable.

In 1st case you only have to raise GST invoice on another firm's name & charge GST no need to generate E-way bill as there is no physical movement of goods.
In 2nd case you only need to pass stock transfer entry.

LALIT GOLACHHA

CA Job

39 Points Posted on 24 April 2021

अगर माल का फिजिकल ट्रांसफर नहीं होता है तो ईवे बिल की आवश्यकता नहीं होती है क्योंकि आप के केस में माल का फिजिकल ट्रांसफर नहीं हो रहा है इस कारण ईवे बिल की जरूरत नहीं है केवल और केवल इनवॉइस बनेगा