GST on transfer of fixed asset from one branch to another

sushma nanda kumbhar (audit assistant) (28 Points)

17 March 2022  

Dear All,

 

Can any one help me with the following query;

We have branches in all over county recently we have transfer our fixed asset from Maharashtra branch to Rajasthan branch, will it liable for gst and will it be trated as like stock transfer

Kindly also suggest about ITC availed on such asset in mh will it be reversed ??