19 July 2011
Please help me out regarding my query related to F Form. There is stock transfer from factory (Meghalay)to one of its branch( Say assam of Rs.1 lakh) at different state. Then that branch further transfer stock to another branch(Tripura of Rs.20,000) at different state. Please explain the amount to be shown for stock transfer at the time of filling VAT return in assam .i.e, whether to be shown at Gross amount(Rs.1 lakh) or at net amount(Rs0.80lakh)