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stock transfer to branch

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..... stock transfer to branch
Query (Issue) Started By: - MANOHAR KALBURGI Dated:- 26-4-2020 Last Reply Date:- 2-5-2020 Goods and Services Tax - GST
Got 7 Replies
GST
Hi Sir/Madm We have one branch in the same state where we run our business and doubt goes like this 1. I don not want show it as business verticle and just want to be shown it as branch where i will manufacture from branch .....

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..... and same transferred to the HO. 2. Now when I transfer raw material from HO to branch to make it FG what documents required except e-way bill? 3. when it returns from branch to HO as FG then what documents required except e-way bill 4. Can i amend my Reg form 1 to show it as additional place of business ? 5. I think that when stock moves to my branch from HO within the state the branch yet to .....

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..... be shown it as additional place of business and such movement can not be treated as supply. Please look into the above matter and give valauble opinion Thank youy in advnace Reply By YAGAY andSUN: The Reply: In our view, if it is not shown in the additional place of business in your state specific RC then you need to include it. Delivery challan would be sufficient in this case if movement of .....

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..... goods are within state of same GSTIN. Reply By KASTURI SETHI: The Reply: I support the views of M/s. Yagay and Sun, Sir. Reply By Ganeshan Kalyani: The Reply: Welcome M/s.Yagay and Sun Sir. We were missing your participation in this Forum. We hope you will continue to participate. Reply By Ganeshan Kalyani: The Reply: Sri Manohar Sir, your Ho would be your principal place of business in th .....

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..... e GST registration certificate. You need to add your branch as an additional place of business. Thus, that branch becomes covered in the same GSTIN. So, the movement of goods within same GSTIN becomes a mere transfer of goods. It does not constitutes a supply. Hence, GST is not applicable. In the GST return these transfers is not to be included. Delivery Challan is a document based on which you ca .....

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..... n carry your goods. E-way bill is required if the goods transferred is a taxable goods and the value of the goods transferred is more than ₹ 50,000/-. In some state the limit is ₹ 1,00,000/-. Reply By KASTURI SETHI: The Reply: "Welcome M/s.Yagay and Sun Sir. We were missing your participation in this Forum. We hope you will continue to participate." Sh.Ganeshan Kalyani Ji, .....

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..... Yes. It is 'Ghar Vapasi' (Home Coming) by M/s.Yagay and Sun, Sirs. I am also excited by his re-entry into this forum. It is natural that all of us will relish his contribution. Reply By MANOHAR KALBURGI: The Reply: Thank you everyone for your response. Really Appreciate the time and effort. I am updated as well as humbled. Manohar M Kalburgi Reply By YAGAY andSUN: The Reply: Than .....

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..... ks to all of you for heart warming Welcoming me. We promise about our participation on this unique website will continue without any break and we will share out views and inputs on this website. Definitely, we will learn from each other. Once again thanks for the same.
Discussion Forum - Knowledge Sharing .....

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