TaxTMI 
TaxTMI 
Transaction value on stock trfr to depot
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....ransaction value on stock trfr to depot<br> Query (Issue) Started By: - Vishnu Dutt Gupta Dated:- 8-6-2017 Last Reply Date:- 18-6-2017 Goods and Services Tax - GST<br>Got 4 Replies<br>GST<br>Dear Sir,....
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.... If we are doing stock transfer from manufacturing plant to depot's, In GST regime how much value we consider. Actual value Cost +10% 90% of value Rgds, MJ Reply By Himansu Sha: The Reply: ....
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.... In my view, another option is there, where the gst is available as credit, the value declared in the invoice is the open market price Reply By Vishnu Dutt Gupta: The Reply: Dear Sir, Yes we can tr....
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....ansfer on open market price but question is how can we use the setoff at depot level expenses. Ex ; We transferred the goods on 100 rupees as market price then depot also billed to customer on 100 ru....
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....pees. Depot is taking some ITC credit on services like loading, transportation, Manpower etc. then how can use this set off. Rgds, MJ Reply By Himansu Sha: The Reply: Depot will pay gst. During th....
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....at time credit of the gst paid on loading and other charges will be taken. Utilising the credit the gst will be paid. Reply By Himansu Sha: The Reply: Depot price normally more than the factory gate....
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.... price. Because the expenses are added here when goods sold to customer.<br> Discussion Forum - Knowledge Sharing ....