Procedures for internal stock transfer

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 April 2013 Dear Sir,

One of my client is running a business of selling handicraft items in Chennai. He has another barnch in Pondicherry.

Can he purchase the handicraft articles in Pondicherry and transfer the same to Chennai branch. If such internal stock transfer is done, what is the implication of VAT / CST?

Kindly suggest if any specific Forms have to be furnished for making a internal stock transfer.

Thanks & Regards
Dhanabal. A

MJ Krishnamurthy

MJ Krishnamurthy (Expert)
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27 April 2013 Pondi and Chennai are in different states.When a stock transfer is effected between branches of two states CST will come into force.You may send the stock by using statutory delivery notes andsubsequently it is to be supported by 'F' form of the receiving branch...mjk

Querist : Anonymous

Querist : Anonymous (Querist)

29 April 2013 Thanks a lot sir for sharing the valuable information.

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