goods or machinery transfer under gst
- goods transfer is currently exempt from on submission of Form F
- Supply includes goods transfer and will be taxable. This can create cash flow problems.
plant and machinery transfer
- CENVAT credit to be reversed under excise law
- Transfer of Plant and Machinery is Supply and GST is Applicable.
Q.1) gst is applicable for transfer of plant and machinery ?
Q.2) gst is applicable for stock transfer ?
Q.3) Form F is available in GST Law ?