Hi Friends
Pls provide your opinion on this case.
I need to understand the accounting and legal challenges in transferring stock to warehouse o/s India taken on a rental basis.
So the situation is Client is planning to get goods transferred to the warehouse of Uzbekistan without actual custom clearance. He will keeps goods there for sale and eventually will be sold from there on monthly basis.
The Question is :
Can we show same as stock in foreign warehouse, if not then how will we show as it is not actual export and Invoice will be raised as and when goods will be cleared from customs of Uzbekistan.
What is the impact of same under GST , Is it to be stated as export of goods only as there is no concept of stock transfer in GST or is there any Challan/delivery note basis
Pls suggest
Hi Friends
Pls provide your opinion on this case.
I need to understand the accounting and legal challenges in transferring stock to warehouse o/s India taken on a rental basis.
So the situation is Client is planning to get goods transferred to the warehouse of Uzbekistan without actual custom clearance. He will keeps goods there for sale and eventually will be sold from there on monthly basis.
The Question is :
Can we show same as stock in foreign warehouse, if not then how will we show as it is not actual export and Invoice will be raised as and when goods will be cleared from customs of Uzbekistan.
What is the impact of same under GST , Is it to be stated as export of goods only as there is no concept of stock transfer in GST or is there any Challan/delivery note basis
Pls suggest
Dear Members,
Please advise how to deal with re-export of goods while filing GST Returns?
A pharmacy dealing in medicines had returned some expired goods to the supplier. The supplier has replaced the goods with fresh stock and issued a credit note towards the goods supplied. The supplier reduced the amount of the credit note from fresh bill. The pharmacy has reduced the purchases to the extent of the credit note.No GST has been charged on the credit note. Whether the pharmacy/medical store is required to pay GST on the credit notes received? If not the reason for the same.
Click here to view / answer Share it on
Please clarify whether Incentives received on supply of exempt goods is taxable under GST ex. retail outlet of petrol and diesel.
Click here to view / answer Share it on
What are the records which a person having custody over the goods in the capacity of a carrier or clearing and forwarding agent need to maintain?
Click here to view / answer Share it on
service
goods
under
maintained
records
Dear Member, Please Suggest me
Click here to view / answer Share it ontransported
goods
generated
bill
happens
ITC On capital goods query
In gold retail shop (proprietorship) they purchased CC camera can we claim full GST once? they also received rent expmeted (agriculture gooden) rule 42 and 43 apply to these case?
