Please help me by giving the implications of following transaction..
A Manufacturing company registered under MPVAT transferes its finished product to its sales depot situated in MP for sales to local customers..
My queries:
Is it a branch transfer?
Is "F" for applicable?
Any reversal of Input tax rebate is necessory?
Can company consider it as a sale to depot?
Please reply soon...
Thanks... :)
|
please clarify sales depot means own company outlet / franchisee / outright. if it is own company outlet within state then it will be branch stock transfer, no need of form F also. if it is franchisee then stock transfer sale FORM F required. if it is outright basis then raise local vat bill
Originally posted by : Nikunj Mahesh Raimangia |
||
 |
Please help me by giving the implications of following transaction.. A Manufacturing company registered under MPVAT transferes its finished product to its sales depot situated in MP for sales to local customers.. My queries: Is it a branch transfer? Is "F" for applicable? Any reversal of Input tax rebate is necessory? Can company consider it as a sale to depot? Please reply soon... Thanks... :) |
 |
HKC | Chartered Accountants & Business Advisors
Ludhiana
CA
View Details
CA Suraj Garg & Associates
New Delhi
CA Final
View Details
RMA And Associates LLP
New Delhi
CA Inter
View Details
ADY & CO.
New Delhi
Graduate (Any)
View Details
CCI
Pro
CAclubindia
