Dear All,
What is the meaning of High Sea Sale and what are the documnents required for HSS and what is the benefit under HSS for dealesr and end user
Thanks
CA Kanhaiyalal Gupta
CA.Kanhaiyalal Gupta (Taxation Incharge) (290 Points)
13 December 2012Dear All,
What is the meaning of High Sea Sale and what are the documnents required for HSS and what is the benefit under HSS for dealesr and end user
Thanks
CA Kanhaiyalal Gupta
CA Lukesh Sethi
(CHARTERED ACCOUNTANT)
(150 Points)
Replied 13 December 2012
Dear Manish,
In the attached file there has been given all the cases of stock transfer. and in your case it is also transfer to branch outside state, which comes in Scenario-1 Stock transfer to another state, in which it is clearly mentioned that In stock/branch transfer, goods move from one State to another, but there is no ‘sale’.
Master GSTR-9 and 9C with India's First Unique Live Course with Live practical training
CAclubindia
