Stock Transfer With In State

watch_later 1 year, 7 months 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 1 year, 7 months ago

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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