if goods are transferred outside the state to another branch having a different vat & cst no,then f form is to be collected from the receiving branch & no tax has to be collected but is full credit available for vat paid on purchase of such goods & transferred or is subject to disallowance
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vat on branch transfer
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As far in Karnataka. The input tax paid to the extent of 2% will have to apportioned in the ratio of taxable turnover and stock transfers to arrive at the ineligible input tax.
SAME IN MAHARASHATRA ALSO
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