Vat on stock transfer

Govt. is disallowing Input Due to You are transfering goods to another state.. it seems to revenue loss to govt. cuase you are taking input from govt. but output is going to that state in which state you stransfer the goods...........

Since Goods is Already Exempted.. you are not required to Disallowed any VAT.......

in any addition to above if you are transfering taxable goods to another state.. which you have received from another state ............ though it is taxable goods you are not required to disallowed any kind of input..

for example we are delhi / any state.. & received goods from Rajsthan ...100 Qty..  outof which we are transfering 50 qty..( whenever  no any time limit ) to Hyd.. we have not dis allowed any VAT on this 50qty....

Regards,

Vikky Vasvani

In Brief there will be no deduction in Input VAT Credit .. ????

Another related question  ---

If VAT on good charged was 1% then how much Input VAT Credit will be deducted  ?

Yes No Deduction in Input Credit........

However .. while making CST Sales if goods Local Sales Tax Rate is @ 1% .. while saling the goods.. you have to charges CST VAT @ 1%  and not 2% ...
While making Branch Transfer VAT disallowed @ 1%..............not 2%..........

Hope you understand at all................further any query mail me on vikky.4843 @ gmail.com

Vikky Vasvani