TMI BlogClosing Stock lying with BranchX X X X Extracts X X X X X X X X Extracts X X X X ..... We have manufacturing of Pharma Machinery having branch within state. As per GST Transitional Provisional Stock lying at the appointment of GST should not beyond one year from the appointment of GST ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Act. In this regard, we have returned goods from our customer and same has been showing in form V register and lying as finished goods since last two years. Can we transfer the same to our other br ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anch on payment of excise duty and treated as input for that branch but this is not sale transaction. - Reply By Himansu Sha - The Reply = Yes, you can do. - Reply By KASTURI SETHI - The Reply = ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... You can do so before 30.6.17. Thereafter, you will have to pay GST or IGST. - Closing Stock lying with Branch - Query Started By: - SURYAKANT MITHBAVKAR Dated:- 20-6-2017 Goods and Services Tax - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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