Inter state stock transfer

[Amresh kumar]

Sir,

What will be the treatment of GST in case of inter state stock transfer to depot of same company.

Since it is without consideration and actual sale with consideration will be from other depot.

Can the party value it as zero and prepare tax invoice with no gst. Of course the recipient deposit will not get any ITC.

Further the supply includes promotional supply also .

Need suggestion on this.

AI Summary

Experts Clarify GST on Interstate Stock Transfers: Zero Value Not Allowed; Tax Invoice and E-Way Bill Required Per CGST Rules 2017 A discussion on the treatment of GST for interstate stock transfers within the same company raised questions about whether goods can be transferred at zero value without GST. Experts clarified that, under CGST Rules 2017, goods cannot be supplied at zero value without tax, and the transaction value must be declared. The recipient depot can claim Input Tax Credit (ITC) if the correct value is declared. It was noted that promotional items do not change the taxability. The consensus was that goods transferred interstate require a tax invoice and E-Way Bill, while intrastate transfers within the same GSTIN do not incur GST.