Transaction value on stock trfr to depot

[mk Jain]

Dear Sir,

If we are doing stock transfer from manufacturing plant to depot's, In GST regime how much value we consider.

Actual value

Cost +10%

90% of value

Rgds,

MJ

AI Summary

Exploring GST Valuation for Stock Transfers: Actual Value, Cost Plus 10%, or Open Market Price? A discussion on a forum addresses the valuation method for stock transfers from a manufacturing plant to depots under the Goods and Services Tax (GST) regime. The initial query asks about the appropriate value to consider, suggesting options like actual value, cost plus 10%, or 90% of the value. A participant suggests using the open market price if GST credit is available. The discussion continues about using Input Tax Credit (ITC) for depot-level expenses such as loading and transportation. It concludes that depots can utilize GST credits for these expenses, and depot prices typically exceed factory gate prices due to added costs.