Transfer to accessories for sales
This query is : Resolved
08 August 2017
Dear sir
We are dealing with belt product .As part of our sale we given belt stand to the dealer point for display of our item in show room
This belt stand cost around 8000-10000 and it is the cost of the company. Dealer not bear the cost.
Now we want to give the stand to dealer. Kindly advise
1. How to transport this to dealer point
2. What is the impact this in GST
We are dealing with belt product .As part of our sale we given belt stand to the dealer point for display of our item in show room
This belt stand cost around 8000-10000 and it is the cost of the company. Dealer not bear the cost.
Now we want to give the stand to dealer. Kindly advise
1. How to transport this to dealer point
2. What is the impact this in GST
08 August 2017
Send the stand through Delivery Challan. No GST applicable as there is no consideration.
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08 August 2017
Dear sir
Thanks for replay. For your kind information we got input tax 18 % form the purchase of display stand .
Whether we can claim input tax and how to account it
kindly advise the same
Thanks for replay. For your kind information we got input tax 18 % form the purchase of display stand .
Whether we can claim input tax and how to account it
kindly advise the same
08 August 2017
Purchase/Asset Dr
CGST Credit Dr
SGST Credit Dr
To Vendor/cash
CGST Credit Dr
SGST Credit Dr
To Vendor/cash
Message likes :
1 times
08 August 2017
Thanks you once again for the support and advise
with regards
Binu
with regards
Binu
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