rule for branch transfer in gst

BRANCH TRANSFER UNDER GST:
 Existing Law –
o Under Central Excise - If goods are transferred to the branch of the same business entity in the same state or from one state to another state, then Central Excise duty is charged on that transfer of goods.
o Under VAT - In case of inter-state transfer, “F” form is required.
 In GST (Inter-State)-
o If any goods are transferred from one state to another state of the same business entity, then it would be considered as Supply under section 7 of CGST Act
o Hence IGST will be levied in such type of transaction of Section 5 under IGST Act.

 In GST (within State) –
o If goods are transferred from one unit to another unit in the same state of same business entity having same registration number, then it would not be considered as Supply under section 7 of CGST Act.
o Hence no GST will be levied on such transactions under section 9 of CGST Act.