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Transfer of stock head office to its branch in Other states

24 July 2019

dear sir/madam,

can you tell us the impact of transfer of good from gead office to branch held in other states in gst tax liability and return.

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6 Replies

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 24 July 2019

Yes , as per schedule I , R/w section 7 of CGST Act it's Taxable & GST is applicable

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CA Premanshu Jaiswal (GST & Indirect Taxes Enthusiast) (490 Points)
Replied 24 July 2019

Head Office in one State and Branch in Other State are distinct persons under GST. Hence, Transfer from One State to another shall be treated as a taxable supply and IGST shall be payable on the same. Also Tax Invoice is mandatory and E-waybill should be raised in case value of consignment is more than 50K.

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Mohit Giri (4 Points)
Replied 24 July 2019

CA Premanshu Jalswal sir if transfer or stock is made between same state.
i have transferred the good in delhi both account maintain in head office.

CA Premanshu Jaiswal (GST & Indirect Taxes Enthusiast) (490 Points)
Replied 24 July 2019

In case Head Office and Branch Office both are in the same state, no GST is applicable. Transfer the goods by raising a Delivery Challan only. E-waybill may be generated in case distance is more than 50KM.

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