medium10 pts · first answer countsgst

Stock transfer between branches

A company moves stock from its registered branch in Gujarat to its registered branch in Maharashtra, with no consideration. Each branch has its own GSTIN. Is this a supply under GST?

A.No, because no money changes handsB.No, because it is the same companyC.Yes; supplies between distinct persons are treated as supply even without consideration, so IGST appliesD.Yes, but only CGST applies

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Stock transfer between branches

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