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What Documents are Required Stock transfer from one plant
to another?
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- Accounting, Bombay Dyeing, CHEP, I also Faced
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Answer Posted / anil kumar
Its depend upon the location. In Delhi, if you are
transfering the goods then only need is stock transfer note
which contain Consignor Name, Address, Tin No. and
Consignee Name, Address, Tin No.
Particulars of Item you are transfering with Quantity and
its value. Do'nt forget to mention mode of Transport, By
Road then Vehicle NO. and attached builty of Transporter.
If the stock transfer supported by the vendor bills of the
good you are transferring then it will be very nice and
wise decision.
In case of Haryana, UP, Orrissa,Jaipur like other state
where Inward and Out ward form is compulsory like in
faridabad ST-38 inward is compulsory if value of goods is
equal or exceed Rs. 25,000/- also in case of UP where the
value of Goods equal or exceed Rs. 5000/-.
Conclusion, you need to be very careful while transfering
the stock because it inolve movement of good from one state
to another state without paying CST. Also you need to know
whether inward form is required or not when you
transferring good in another state. As you aware in CST
Rule, it is mentioned that it is the duty of assessee to
prove that stock transfer take place.
| Is This Answer Correct ? | 22 Yes | 6 No |
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