Telangana VAT act stock transfer restricted
Bhagwan das
(Querist) 11 March 2016
This query is : Open
In 2014 June andhar & Telangana separated
And we open our branch in andhra and Ho at Telangana and we transfer stocks from Telangana to branch in Andhra And sales done in Andhra and we paid output tax and input tax is 0 now Telangana commercial tax officer restricted stock transfer and put
Tax labity on stocks transfer .what his obligation is thst we are taking input in Telangana where we purchase locally and sending stock transfer to other state and paying VAT their so Telangana govt loseing VAT. Pl advice us any act to clearly on this.