STOCK / BRANCH TRANSFER AGAINST FORM F

[Prashant Agarwal]

ABC DELHI IS A DEALER REGISTERED IN DELHI AND 'ABC HARYANA' IS A BRANCH OF ABC.

XYZ IS ANOTHER DEALER IN MAHARASHTRA WHO HAS IMPORTED A CONSIGNMENT AND HAVE SENT THE SAME TO 'ABC DELHI' ON A CONSIGNMENT TRANSFER AGREEMENT AGAINST FORM F.

ABC DELHI WHO IS THE RECIPIENT OF GOODS NOW HAS TO SELL THE SAME IN HARYANA AND WANTS TO TRANSFER THE SAME GOODS TO ABC HARYANA ON F FORM.

CAN ABC DELHI TRANSFER THE GOODS TO ABC HARYANA UNDER FORM F ???

AI Summary

Consignment Transfer of Goods Between Branches Allowed If Registered and Share Proprietor Details Despite Different CST Numbers. ABC Delhi, a registered dealer, received goods from XYZ in Maharashtra under a consignment transfer agreement using Form F. ABC Delhi intends to transfer these goods to its branch, ABC Haryana, also under Form F. The discussion involves whether such a transfer is permissible. Responses indicate that if both locations are listed in the registration certificate and share the same CST number, the transfer is possible. Despite ABC Delhi and ABC Haryana having different CST numbers, they share the same proprietor details and PAN number, and Haryana is listed as an additional business place, making the transfer acceptable.