Procedure for transfer of used asset among different states

This query is : Resolved

Yogesh Kumar (Querist)
Follow

10 June 2010 one of my client is having branch in noida and also has opened a branch in delhi. He has transfer used furniture(capital asset) from noida to Delhi without any consideration.
What is the procedure to such transfer?
Is there any liability Under CST or DVAT Act.
Is the same is possible through F form?

CA Kamal Gangaramani

CA Kamal Gangaramani (Expert)
Follow

21 June 2010 no one will transfer anything to oneself for consideration. No one can sell any thing to one self.

as there is no sale there is no sales tax,

no problem in issuing F-Form for branch transfer, go on and issue form-f

it cost nothing,