Gst On Stock Transfers Between Branches


Rahul Rai
watch_later 2 years, 6 months ago

Whether GST is to be charged on stock transferred from one branch to another branch?

If stock transferred between branches located in same state, GST is to charged?

If stock transferred between branches located in different states, GST is to be charged?

  • chatComments
    how to make e way bill for within state stock transfer if material value more than 50000.? - Maruti Poojari
1 Answer

GST Payer watch_later 2 years, 6 months ago
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GST is a tax on supply and not on sale.

So if any supply of taxable goods by a registered person is made, tax needs to be paid.

If supply of stock transfer is within state then tax is not to be charged. You can transfer stock with following documents:

  • Delivery challan
  • E-way bill if value of stock is more than 50,000

However, on interstate branch transfers GST will be charged.

Input tax credit will be available on all stock transfer suffering tax.

  • chatComments
    how to make e way bill for within state stock transfer if material value more than 50000.? - - Maruti Poojari
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