STOCK TRANSFER FROM ONE DEPOT TO ANOTHER DEPOT

[SUMEDH AYARE]

DEAR SIR

WE ARE FMCG BASED COMPANY. WE ARE DOING STOCK TRANSFERS FROM ONE DEPOT TO ANOTHER DEPOT.

PLEASE LET US KNOW AT WHICH RATE SHOULD THE STOCK BE TRANSFERRRED.

IS IT TO BE TRANSFERRED AT COST PRICE OR MRP OR NET SELLING RATE. OR ANY OTHER RATE.

REGARDS

SUMEDH AYARE

AI Summary

GST stock transfer: treat inter depot movements as invoiced supplies so recipient branches can claim input tax credit.
Inter-depot movements under GST must be documented by issuing a sale invoice in the normal course, treating the transfer as a supply for invoicing purposes. The invoice should reflect the price applied by the transferor, and the receiving branch may claim input tax credit on the tax charged and adjust it against its own tax liabilities. There are no separate legacy form requirements under GST for such transfers.