Procedure for transfer of used asset among different states
This query is : Resolved
10 June 2010
one of my client is having branch in noida and also has opened a branch in delhi. He has transfer used furniture(capital asset) from noida to Delhi without any consideration.
What is the procedure to such transfer?
Is there any liability Under CST or DVAT Act.
Is the same is possible through F form?
What is the procedure to such transfer?
Is there any liability Under CST or DVAT Act.
Is the same is possible through F form?
21 June 2010
no one will transfer anything to oneself for consideration. No one can sell any thing to one self.
as there is no sale there is no sales tax,
no problem in issuing F-Form for branch transfer, go on and issue form-f
it cost nothing,
as there is no sale there is no sales tax,
no problem in issuing F-Form for branch transfer, go on and issue form-f
it cost nothing,
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