Stock Transfer With In State


BABU HUSSAIN
watch_later 4 months, 2 weeks ago

Dear sir,

 what is the procedure  of stock transfer to Head office to Branches   with in state, if prepare the E way bill  & DC should add a CGST & SGST  along with  stock value.  

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1 Answer

Basheer PM watch_later 4 months ago
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If only you have more than one GSTIN in one state, then the transfers between them are taxable, as these entities will be considered as "Distinct Persons" Otherwise as per sec 9 of CGST, no GST will be levied. Hence no need to mention the GST Component in EWB or DC

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