https://www.taxtmi.com/forum/issue?id=118313 Inter state transfers of exempt finished goods do not attract GST and therefore do not give rise to input tax credit entitlement; tax paid on inputs used for exempt supplies is not creditable. By contrast, transfers of raw materials are taxable and the purchasing unit may claim ITC. Proper invoicing and transport documentation (including e way bill details) is necessary to distinguish stock transfers from taxable supplies and to preserve or support ITC claims. en-us Wed, 04 Jan 2023 23:03:22 +0530 Thu, 23 Jan 2025 15:54:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118313 Inter state transfers of exempt finished goods do not attract GST and therefore do not give rise to input tax credit entitlement; tax paid on inputs used for exempt supplies is not creditable. By contrast, transfers of raw materials are taxable and the purchasing unit may claim ITC. Proper invoicing and transport documentation (including e way bill details) is necessary to distinguish stock transfers from taxable supplies and to preserve or support ITC claims. Discussion-Forum GST Wed, 04 Jan 2023 23:03:22 +0530 https://www.taxtmi.com/forum/issue?id=118313