F Form - Capital Goods

[RAMASWAMY KRISHNAIYER]

Sir,

Whether capital goods transferred from one a branch to another branch in another state, is required to be supported by Form F declaration?
If yes, if the movement is supported by Form F and evidence for despatch is not available, whether the transaction can be assessed, especially when submission of Form F itself deems that there is no sale?

Regards

CA. K. Ramaswamy

AI Summary

Form F requirement for interstate branch transfers: submission substantiates non-sale, but tailor-made goods later sale treated as sale.
A declaration in Form F is required to substantiate that interstate transfers of goods between branches of the same registered dealer are not sales; Form F is the primary documentary means to demonstrate non-sale. If goods are tailor-made and then sold in the destination state, those movements are treated as sales rather than transfers. Absence of separate dispatch evidence may influence assessment, but proper submission of Form F is central to non-sale treatment.