23 April 2010
1.MY CLEINT RUNNING TWO BUISNES IN SAME CONCERN ONE IS WHOLESALE AND OTHER IS RETAIL. HE TRANSFER GOODS FROM WHOLESALE BUSINESS TO RETAIL BUSINESS. I ALSO SATE THAT THE PRODECUT IS COVERED UNDER VAT. WHAT WILL BE THA BOOK ENTERIES FOR TRANSFER OF GOODS ?
23 April 2010
This is a stock transfer against Form F not sale. If books are maintained seprtely, you may raise Debit note by Debiting to Retailer and crediting to inventory.
CAclubindia
