We are manufacturing products in TN. These may be made to order or standard products. Can we do a stock transfer to J&K and make an invoice from J&K.( we have registerd in J&K under sales tax & not under excise). Kindly revert ASAP.
01 June 2009
you can't do stock transfer as per provisions and case laws. a customize item never be qualify Stock Transfer condition(s), hence you are liable to pay CST in the state of TN. this is not relevant that you are reg. in J&K as well as not under excise.
CAclubindia
