Branch Transfers – How to Calculate the Taxable Value

Branch transfer refers to the transfer of materials from one unit/location to another unit/location belonging to the same business entity. It is also known as Stock Transfers. Branch transfers are done for various reasons, such as: Transfer of semi-finished goods from the manufacturing unit to…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

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Impact of GST on Stock Transfer between Branches

Our Nation is on the brink of GST, a single unified indirect tax system. This is the largest taxation reform in the indirect taxation regime and it subsumes a host of indirect taxes. GST introduces the concept of seamless flow of input tax credit across…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

54,467 total views, 121 views today