inter unit stock transfer

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..... inter unit stock transfer
Query (Issue) Started By: - sukhbir kapoor Dated:- 4-9-2014 Last Reply Date:- 4-9-2014 VAT + CST
Got 1 Reply
VAT / Sales Tax
Kindly advice me if I buy hospital .....

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..... drugs and consumables in one state and transfer it to other state as an inter unit tranfer and if I am not registered with sales tax. Then what is the procedure and can I do this? Reply By Pradeep Kh .....

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..... atri: The Reply: Dear Sukhbir, Normally, Hospitals are registered with VAT Authorities since, during the course of treatment they do sell various articles under deemed sales provisions, directly or .....

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..... indirectly. If you have not crossed the threshold limit for getting the registration under West Bengal VAT Act, then, you may transfer these goods on an challan stating that these goods are VAT paid i .....

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..... n the State of West Bengal and are being transferred to your own hospital/unit and no Input Tax Credit has been availed on these drugs and consumable. Please also enclosed the photocopies of the purch .....

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..... ase bills along with the challan issued for transfer of drugs and consumables. Please also get the clarification from the jurisdictional VAT Authorities under WBVAT Act before transferring the goods .....

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..... from one state to other. Regards YAGAY and SUN (Management and Indirect Tax Consultants)
Discussion Forum - Knowledge Sharing .....

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