input tax credit in case of stock transfer to other state

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 December 2009 Dear Sir/Madam,

Refrance above wish to enquire that if we transfer stock from u.p. registered firm to our uttrkhand branch then what is the status of input tax credit which has already been paid by u.p. branch.
Your early response in the matter shall be highlly apprieiated

Regads
Vipin Kashyap

Ram Avtar Singh

Ram Avtar Singh (Expert)
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27 December 2009 in dehli

Total input vat
--------------- X total congnment sale =input vat disallow
total sale

Stock transfer agains form F (No Sales tax no stock transfer)

But see UP.Vat Rule.

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