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Stock transfer to Branch

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(Querist)
15 August 2010 WHEN I TRANSFER STOCK TO OUR BRANCH THEN CAN I ADD VAT ON IT.
WHAT ENTRY DONE
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
15 August 2010 Stock transferred to one's own branch is not a sale and hence VAT need not be charged on branch transfer.
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Prashant Kumar Gupta

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Prashant Kumar Gupta (Querist)
15 August 2010 But how can i show it in Account Books
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VINOD ARORA

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VINOD ARORA (Expert)
17 August 2010 Better refer to the article as per weblink below:

http://www.caa-ahm.org/Upload/Article%20-%20Jayesh%20Sharedalal%203-2-2010.mht

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