Impact of cst in gst

This query is : Resolved

Pavan Kumar Vaddella (Querist)
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23 June 2017 Dear Sir,
If we want to transfer stock from one branch (TN )to another branch (AP), then what will be tax rate if it is for registered dealer.
GST tax rate for the product is 28 %.

Do we need to pay 28 % or 2 % on transfer of stock from one state to another state

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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23 June 2017 See in the present system if you transfer the stock to branch interstate before implementation of GST you can make use of Form F. But after implementation of GST you will have to charge full rate of tax because there will be no CST and no form F. IGST will have to be charged in invoice for inter state transfer. Even if its a branch transfer it will be considered sales under GST.