Can anybody solve my query and oblige, my client have head office in Delhi and its branches in all other states e.g. Maharastra, UP, MP. Cheenai, etc. they are importing goods from abroad, for resale in India, they are distributed goods directly from mumbai port or calcutta port (where goods comes) to other states instead of goods comes in delhi head office, to save transit cartage and issue the sales bill of stock transferred from delhi against from `f wheather it is wrigt or what treatment to be done for this If goods directly distributed to all branches in various states without goods comes to head office godown stituated in Delhi. I think this is wrong, Kindly send me the treatment for the same
27 August 2010
In my opinion, it is awrong practice. You should take regn.in Maharashtra or Chennai and import from your Mumbai/Chennai branch and then distributethe goods for resale to other branches.
CAclubindia
