https://www.taxtmi.com/forum/issue?id=117150 Transfers of capital goods between distinct GST registrations in different States should be treated as taxable stock transfers attracting inter state tax; IGST is ordinarily leviable and the receiving registration may claim ITC only in accordance with return, reversal rules and time limits. If the tax component was capitalised and depreciation claimed at the originating registration, that registration generally cannot re avail input tax credit. Proper invoicing, appropriate registration, and correct GSTR treatment for outward liability and inward credit are required, with attention to judicial precedents and statutory reversal mechanics. en-us Fri, 09 Apr 2021 17:00:00 +0530 Thu, 23 Jan 2025 15:54:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117150 Transfers of capital goods between distinct GST registrations in different States should be treated as taxable stock transfers attracting inter state tax; IGST is ordinarily leviable and the receiving registration may claim ITC only in accordance with return, reversal rules and time limits. If the tax component was capitalised and depreciation claimed at the originating registration, that registration generally cannot re avail input tax credit. Proper invoicing, appropriate registration, and correct GSTR treatment for outward liability and inward credit are required, with attention to judicial precedents and statutory reversal mechanics. Discussion-Forum GST Fri, 09 Apr 2021 17:00:00 +0530 https://www.taxtmi.com/forum/issue?id=117150