23 July 2009
We have head office @ Mysore (karnataka State) and sending goods through the stock transfer to our various branches located @ outside the karnataka against Form 'F'.
Now my question is should we issue the form 'F' to our branches having receipt of the defective or rejected material received out of the stock transfer sent to them against form 'F'?
24 July 2009
BRANCH SHOULD ISSUE THE FORM "F" WITH NET VALUE. I.E. INVOICE VALUE LESS REJECTION VALUE= NET VALUE. that is fine but what is to be done If the Form 'F' has been already issued. Is it necessary to give Form "F" to branch for receipt of defective or rejected materials?
CAclubindia
