TMI BlogGST IMPLICATIONS ON STOCK TRANSFERSX X X X Extracts X X X X X X X X Extracts X X X X ..... GST IMPLICATIONS ON STOCK TRANSFERS X X X X Extracts X X X X X X X X Extracts X X X X ..... ase explain us when there is stock transfer within state which GST would be levied, IGST or CGST & SGST and additional 1% will leaviable.Please explain, thanks & regards. Reply By KASTURI SETHI: The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Reply: If stock transfer is within State it would attract tax under CGST or SGST depending upon the product whether scheduled under CGST or SGST. No additional 1 % will be charged as it is meant for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... inter-state transfer. Moreover, still GST is at draft stage.Final opinion can be given after enactment only. Reply By Ganeshan Kalyani: The Reply: Intra state stock transfer should not be taxed and o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ne GST registration will be offered first. So if one return is filed then there should not be tax on the same. Reply By SANDESH SHINDE: The Reply: Dear Sir, Under GST regime payment should be done fi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rst or to file returns first please explain. Reply By Ganeshan Kalyani: The Reply: As of now it is just a draft and therefore it will undergo many changes. Reply By SANDESH SHINDE: The Reply: Dear S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ir,
Even though but as per this draft whether it would be required to do payment first of to file the returns first. X X X X Extracts X X X X X X X X Extracts X X X X
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