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Closing Stock lying with Branch, Goods and Services Tax - GST

Issue Id: - 112097
Dated: 20-6-2017
By:- SURYAKANT MITHBAVKAR

Closing Stock lying with Branch


  • Contents

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 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 branch on payment of excise duty and treated as input for that branch but this is not sale transaction.

Posts / Replies

Showing Replies 1 to 2 of 2 Records

Page: 1


1 Dated: 20-6-2017
By:- Himansu Sha

Yes, you can do.


2 Dated: 29-6-2017
By:- KASTURI SETHI

You can do so before 30.6.17. Thereafter, you will have to pay GST or IGST.


Page: 1

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