branch sales

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 May 2011 Can we sell goods from one branch in UP to another branch in mumbai at C form.

I know that branch transfer attracts F form

but can i do. pls send me data along with any related case law or any section or para in law.

pls rly me urgenly.

thank you.

Umesh Aggarwal

Umesh Aggarwal (Expert)
Follow

01 June 2011 YES, YOU CAN SALE TO YOUR BRANCH AGAINST C FORM AND CHARGED CST @ 2% AS WELL

WHEN YOU SEND GOODS AS STOCK TRANSFER AGAINST FORM F
THAN YOU CAN NOT CHARGED ANY TAX BUT REMEMBER YOU ARE REQUIRE TO REVERSE ITC AN AMOUNT EQUAL TO CST ON STOCK TRANSFER TO BRANCH

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

01 June 2011 Dear sir,
but our branch not given C form & F Form than what i do.
pls rly me

thanks for ur rly.

Upgrade to CAclubindia Pro. Subscribe Now!

Querist : Anonymous

Querist : Anonymous (Querist)

01 June 2011 Can we sell goods from one branch in UP to another branch in mumbai.

I know that branch transfer attracts F form.
but our branch not given any C form & F form Than what i do ?

pls send me data along with any related case law or any section or para in law.