Rajesh Rathod
(1 Points)
Replied 19 February 2016
Dear sir/madam,
i have a doubt ? i have made a purchase from Ahmedabad(gujarat) against C-Form(2% cst) to my chennai(TN) branch. Now i have to move the same goods to Bengaluru(karnataka) for sale( @ 14.5%).
how to transfer stock in interstate branch and which form's to be used?
please help
ManiKant Mishra
(Senior Executive in finance & Accounts )
(23 Points)
Replied 25 June 2016
Yes you r right sir purchases "x" item to party and they charges vat and u stock transfer in branch "x" item mean same item which you purchases than u take 2% disallow
macharla jyothi kumar
(2 Points)
Replied 29 August 2016
If the rawmaterials are purchased from other state I.e.,interstate purchases and after making of finished goods, the finished goods are transferred to the another branch located in other state . for view, there is no input tax credit on interstate purchases . ca we use input tax credit on inter state stock transfer?
Madhuri Nevage
(Accountant)
(22 Points)
Replied 10 December 2016
Dear ALL,
i have a query that if there is branch transfer within state then according to new VAT Format it is come under which Heading.
CAclubindia
