1) if we interunit transfer goods with in same state with in 20 km. then we need to tax invoice or not
2) if transfer goods second unit in same states same gst no then return back then after some time then need to tax invoice
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Interunit Transfer
Replies (6)
Under the GST regime, the taxable event is the supply of goods. That is the tax is levied on the supply of goods from one taxable person to another taxable person with or without consideration and it includes inter branch transfers as they need to be considered as separate entity. Thus, making the inter branch transfers taxable.
no need to put tax amount for intra state unit stock transfar..
No if its within state with same GSTN , No GST attracts , can be transfer on delivery challan
inter branch transfer from one taxable person to another taxable person, GST applicable. under same registration within state is not applicable. only in case of another business vertical registered it becomes applicable.
DEAR
IF WITHIN STATE & REGISTERED AS UNDER BUSINESS VERTICAL THEN ONLY GST ATTRACT, ELSE IN WITH IN STATE TRANSFER, NO GST IS LEVY & CAN BE TRANSFER ON DELIVERY CHALLAN
what if one unit is sez?
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