29 June 2018
No tax liability of GST on captive consumption. GST applicable on stock transfer outside the state. Stock transfer is transfer of stock for further sale as such. Captive consumption is consumption of own manufactured item in the manufacture of other products.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
29 June 2018
Thank u sir. But if X a unit sends product to Y its sister concern for consumption . Is gst applicable in this case.
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