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    Transfer of Goods to Warehouse Outside India

    Posted By : Kamal / Published on : 31-Jul-2021 01:38 PM / View : 382 / Comment : 0

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    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

    Read more on : india outside warehouse goods transfer

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