10 April 2023
As per GST (Goods and Services Tax) regulations, the following documents are required for stock transfer from one warehouse to another warehouse:
Delivery Challan: A delivery challan is a document that contains details of the goods being transferred from one place to another. It includes information such as the name of the consignor and the consignee, the date of dispatch, the description of the goods, and the quantity of the goods.
Invoice: An invoice is a document that contains the details of the goods being transferred, such as the description of the goods, quantity, value, and taxes applicable.
E-way bill: An e-way bill is an electronic document that contains details of the consignment being transported. It includes information such as the name of the consignor and the consignee, the date of dispatch, the description of the goods, and the vehicle number.
As per Income Tax regulations, there is no specific document requirement for stock transfer from one warehouse to another. However, it is recommended to maintain proper documentation and records of all such transactions for accounting and audit purposes. This may include maintaining the delivery challan, invoice, and e-way bill as mentioned above, along with other relevant documents such as purchase orders, transfer orders, and stock transfer receipts