Tuesday, August 15, 2017

Branch Transfer Clarification Under GST ACT,2017

Branch Transfer of Goods (Inter - State )
01.If the the non taxable goods transferred within the two states  the supplier shall issue "BILL OF SUPPLY " to Receiver (Eg. Rice Wagon Movement from karimnagar to Tmailnadu)
02. If The Taxable Goods transferred within the two states The supplier shall issue "TAX INVOICE " to receiver (Eg: Chemical received from Vijayawada to Karimnagar)
THE BOTH INVOICES ARE  UPLOADED IN GSTR - 1 BY SUPPLIER(CONSIDERED AS SALE EVEN WITH OUT CONSIDERATION )  , RECEIVER  UPLOADED IN GSTR-2 (CONSIDERED AS  PURCHASES EVEN WITH OUT PAY ANY AMOUNT )
Branch Transfer of Goods (Intra - State ) 

01. If goods transferred within the state either taxable or non taxable The Supplier Shall issue " Delivery challan " to receiver ( IT IS NOT SHOWN IN GST RETURN ) AS PER SECTION 22 OF SGST,2017
(Eg : chemicals , Rice Received from Santhnagar to karimnagar )

ANDHRA PRADESH STATE GOODS AND SERVICE TAX ACT 2017.
174. (1) Save as otherwise provided in this Act, on and from the date of commencement of this Act. 
(i) the Andhra Pradesh Value Added Tax Act, 2005, except in respect of goods included in the Entry 54 of the State List of the Seventh Schedule to the 
      Constitution of  India; 
(ii)  the Andhra Pradesh Entertainments Tax Act, 1939;
 (iii ) the Andhra Pradesh Tax on Entry of Motor Vehicles into Local Areas Act, 1996;
 (iv)  the Andhra Pradesh Tax on Entry of Goods into Local Areas Act, 2001; 
(v)  the Andhra Pradesh Tax on Luxuries Act, 1987; 
(vi)  the Andhra Pradesh (Telangana Area) Horse Racing and Betting Tax Regulations, 1358 Fasli (Adaptation and Amendment) Act, 2015; 
(vii)  the Andhra Pradesh Rural Development Act, 1996 (hereafter referred to as the repealed Acts) are hereby repealed . 

TELANGANA STATE GOODS AND SERVICE TAX ACT ,2017.

174.(1) Save as otherwise provided in this Act, on and from the date of Repeal commencement of this Act, and
 (i) the Telangana Value Added Tax Act, 2005, saving except in respect of goods included in the Entry 54 of the State List of the Seventh Schedule to the Constitution, 
(ii) the Telangana Entertainments Tax Act,1939 
(iii) the Telangana Tax on Entry of Motor Vehicles into Local Areas Act,1996 
(iv)the Telangana Tax on Entry of Goods into Local Areas Act,2001
 (v)the Telangana Tax on Luxuries Act,1987 
(vi)the Telangana Horse Racing and Betting Tax Regulations,1358f
 (vii)the Telangana Rural Development Act,1996 (hereafter referred to as the repealed Acts) are hereby repealed.








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Branch Transfer Clarification Under GST ACT,2017

Branch Transfer of Goods (Inter - State ) 01.If the the non taxable goods transferred within the two states  the supplier shall issue &qu...