STOCK TRANSFER
SUBHASH SHARMA
(Querist) 05 September 2009
This query is : Resolved
SIR,
ONE OF MY CLIENT WHO IS AN EXPORTER HAVE TWO BRANCHES ONE IN DELHI AND SECOND IN NOIDA.
HE EVERY DAY TRANSFER GOODS FROM NOIDA TO DELHI AND DELHI TO NOIDA.
WHAT HE SHOULD DO FOR VAT COMPLIANCE.
HOW WE HAVE TO MAINTAING THIS STOCK IN OUR BOOKS. IS THERE ANY FORM TO BE GIVEN TO STOCK TFD.
THANKS/REGARDS
SUBHASH SHARMA
R.Ramachandran
(Expert) 31 October 2010
Form 'F' has to be given by respective branches whenever the stock transfer takes place. When goods are being transferred from Delhi to Noida, Noida branch will give Form-F; andwhen goodsare transferred from Noida to Delhi, the Delhi branch will give Form-F to Noida.