Stock transfer- within state (tally entry)

This query is : Open

CA BASANT SINGH (Querist)
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25 May 2018 --THE PARTY IS RETAILER AS WELL AS DISTRIBUTOR..DISTRIBUTOR MARGIN IS 3% & RETAILER MARGIN IS 5%. THE PARTY HAVE TWO BRANCHES IN BIHAR BESIDE ONE HEAD OFFICE IN BIHAR WITH SINGLE GST REGISTRATION.
NOW MY QUESTION IS::
Q1) WEATHER IT IS TAXABLE EVENT OR NOT??
Q2) IF IT IS NOT TAXABLE WHERE SUCH SUPPLY TO BE SHOWN IN GST RETURN?
Q3) IF IT IS NOT TAXABLE CAN I TRANSFER SUCH GOODS ON THE BASIS OF DELIVERY CHALLAN NOT TAX INVOICE?
Q4) WHAT IS THE JOURNAL ENTRY IN TALLY (IN BOTH HEAD OFFICE & BRANCH ) & WHICH VOUCHER IS USED SO THAT IN CONSOLIDATION NO PROBLEM ARISES & CORRECT CALCULATION OF GST IN TALLY SHOULD BE DISPLAYED..

PLEASE RESPOND QUICKLY...
THANKS IN ADVANCE!!

RAJA P M

RAJA P M (Expert)
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26 May 2018 1. No... 2. No need to show it in GST returns... 3. Delivery Challan and E-Way Bill if required... 4. In Stock Journal entry (please go to google and search)

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