GST on inter State branch Transfer and sale

[RAMASAMYSHANMUGAM SARAVANAN]

Sir What is GST liability when a machinery(used) transferred from Karnataka branch to a branch in Tamilnadu(inter state) for road construction work. Also the machinery is sold directly from from Tamilnadu branch.

What is gst tax implication for transfer from Karnataka Branch to Tamilnadu branch for jobwork

what is GST tax implication on sale from Tamilnadu branch. Who should prepare GST sale bill, Karnataka branch or Tamilnadu Branch.

AI Summary

Interstate Transfer of Used Machinery: GST Required on Stock and Sale Invoices Between Branches; ITC Adjustments Apply. A query was raised regarding the GST implications on the interstate transfer and sale of used machinery from a Karnataka branch to a Tamil Nadu branch. The transfer requires a stock transfer invoice with GST from Karnataka, and Tamil Nadu must issue a GST tax invoice upon sale to the customer. Responses clarified that machinery transfers are not exempt from GST, referencing specific circulars. The Tamil Nadu branch must pay GST based on the higher of the transaction value or adjusted value after ITC reversal. The Tamil Nadu branch is responsible for preparing the GST sale invoice.