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stock transfer

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(Querist)
02 September 2009 i wanted to know about the validity of the stock transfers made within branches out of the local purchases been made?

what are the tax implications in a negative situation?

waiting for quick response
kanika
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Shashikant Patil

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Shashikant Patil (Expert)
02 September 2009 As per as our opinion is concern there is no any vat liability at the time of stock transfer within the company branches. but if transfer to subsidy or outside then vat is applicable.

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