GST on stock transfers to branches

As per the GST provisions, supply made to each distict person is taxable unless it is an exempted supply of goods and / or services.   For Branches inside a state one can have cetralised registration by declaring branch addresses in the registration certificate. In that case one can transfer goods to and from branches inside the state by using E ways only and no need to raise tax invoice for such transfers

However in the case wherein separate registration is sought and in the case of interstate transfer ( any way separate registration would be there for each states of location), supplies made to / from each branches is taxable.  Output tax and input tax would be dealt accordingly

Thanks for the Answer.

Is computerised billing must under GST ?

As I have a turnover of Rs 20 lac for my H.O and Rs 45 lac above in my Branch Showroom , so I usually do manual billing,  though my final account are done under tally

SIR,

 YOUR ANSWER REGARDING EWAY BILL FOR BRANCH TRANSFER WITHIN SAME STATE  DIFFERS FROM THE ANSWER GIVEN BY CA NEHA AND CA SUNIL SHARMA . AS THEY SAY THAT ONLY CHALLEN OR ISSUE VOUCHER WILL DO. PLEASE CLARIFY AND OBLIGE.

THANKS

DO I HAVE TO USE THE HSN CODE FOR GOODS IN MY INVOICE BILL AND ISSUE/ RECEIVE VOUCHER FOR SALE TO CUSTOMER AND BRANCH TRANSFER WITHIN THE STATE  ?

If stock transfer is from one state to another state, then its treated as supply and GST is applicable on it. If stock transfer is within state i.e. factory (Tamil nadu) to company sales office (Tamil nadu) / export godown (Tamil nadu)....then its not treated as supply hence will not attract GST.

SERVICE ACCOUNTING CODE MEANS ?  SIR , I AM ACTUALLY A JEWELLER WITH TURNOVER LESS THAN 1.5 CRORE AND  I MANUFACTURE GOLD ORNAMENTS BY JOB WORKERS ( MOSTLY UNREGISTERD) AND SELL THEM IN MY SHOWROOM BRANCH AND H.O IN W.B ( WITH SINGLE PROVISIONAL GST REGISTRATION ).

SO FAR I UNDERSTOOD , MY INVOICE TO THE CUSTOMERS WILL BE AS FOLLOWS :

I pc NECKLACE  10 GMS @ RS 2800/ GM       ----------     RS  28000

 3% GST  ON RS 28000    ----------------------------------                Rs   840

TOTAL GOLD VALUE          ------------------                                               RS 28840            

labour Charge RS 300 / gm ---------------------- -Rs  3000

GST 18% ON Labour Charge     ----------------- Rs   540  

Total Making/ labour Charge     .................                                            Rs  3540          

Total                                                    ---------------------                         Rs 32380/-

GST Rs (840+540) = Rs 1380/- ( Output )

GST PAYABLE TO GOVT . : OUTPUT GST - INPUT GST

i asset is moved for project within tamilnadu and other states  on project basis.  We dont have registertation in other states.  What are the documents to prepare for movement of goods

I have applied for GST Migration, now can I  add a additational  place of business within same state

A ) Is my provisional GST ID will  be the same or it is going to change as I need to print it on my mannul Invoice Voucher ( which may be needed incase of emergency or software breakdown )

B) As I am a retail jeweller my invoice  from B to C will consist of both goods  (GOLD) and services (Making Charges) with 3% GST on Gold and 5% GST on Making Charges respectively. Please suggest how far it is correct  or a compact GST be charged that is 3% GST on total value the jewellery.

C) On issue of Invoice from B to C , if place of supply is my home state but the customer is a resident of other state will it be IGST @ 5% on gold or 3% (i.e.SGST @  1.5% andCGST @ 1.5% ). Please suggest 

Yes I guess it would be same. 3% gst +5%job work charges . As shown by you above. If customers buys from you in your home state then it would be CGST +SGST. Coz you won't be knowing which customer is from ur state and who is not. Also as per place of suppLy it would be your state 

Please certitify if the procedure is ok under GST .

Purchse of old Gold / Debit Memo

Assorted Old Gold (22K)  10 gms @ 2500  ---Rs 25000

GST (3%on Gold Value)                            ---Rs    750

Total                                                      ---- Rs 24250

CGST (1.5%) = Rs 375 & SGST (1.5%) = Rs 375 ( for inter state supply)

Customer gets Rs 24,250 payment for the sale by cheque.

GST of Rs 750 will be my input credit for gold purchase .