F-FORM CAN BE ISSUED BY MANUFACTURER TO BRANCH

[V K]

 DEAR

WE ARE A MANUFACTURING PLANT , SENDING THE MATERIAL TO OUR BRANCHES AGN FORM-F.

SOME TIMES BRANCHES ARE SENDING THE MATERIAL TO THE MANUFACTURER PLANT AS STOCK TRF AGN FORM-F.

kINDLY CONFIRM ANY  MANUFACTURING PLANT CAN  ISSUE THE F FORM TO ITS BRANCHES?? . PLS GIVE ANY NOTIFICATION OR RULE AS PER CST ACT

VIKAS

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AI Summary

Form F Valid for Stock Transfers Between Branches and Main Plant Under Section 6-A of CST Act, 1956 A manufacturing plant is inquiring about the issuance of Form F for stock transfers between its branches and the main plant. The plant sends materials to its branches using Form F, and the branches reciprocate similarly. However, the sales tax officer claims the main plant cannot receive materials from branches using Form F. A respondent clarifies that under Section 6-A of the CST Act, 1956, there is no restriction on the direction of goods transfer within the same business entity. Form F serves as evidence of transfer without ownership change, suggesting the plant can contest the officer's stance.