STOCK TRANSFER

[RAJESH GUPTA]

WE HAVE STATRT A BUSINESS 1998 AT DELHI AND BRANCH ARE CREATE IN HARYANA 2010 AND WE HAVE MADE A STOCK TRANSFER GOODS HARYANA TO DELHI IN 2013-14 AND WE HAVE AVAIL THE F FORM FROM DELHI OFFICE AND SUBMIT TO HARYANA VAT DEPTT BUT DEPTT OF HARYANA ARE RAISED THE DEMAND OF TAX AGAINST BRANCH TRANSFER STOCK AND INPUT OF VAT ARE REVERSED SO LET ME THIS IS THE COREECT OR NOT

AI Summary

Business Challenges Haryana VAT Department's Tax Demand on Branch Stock Transfer, Seeks Clarification on F Form Validity A business established in Delhi in 1998 expanded with a branch in Haryana in 2010. In 2013-14, they transferred stock from Haryana to Delhi and submitted the F Form to the Haryana VAT department. However, the Haryana department raised a tax demand against the branch transfer and reversed the VAT input. The business seeks clarification on whether this action by the Haryana department is correct. A respondent inquired if the issue was resolved but did not provide further guidance.