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Branch Transfers Treatment

Branch Transfers can be classified as under : -

Goods Sent - With in State
Goods Sent - Outside State

Goods Received - With in State
Goods Received - Outside State

TREATMENT OF GOODS SENT:-

Total of goods sent (within state & out of state) is to appear against S.No. 1A of Form VAT-15. You may give details of Stock Transfer of within state & Out of State in Inner/Particulars Column.

TREATMENT OF GOODS RECEIVED:-

Stock Transfers within State as well as out of State shall be added in Gross Purchases at S.No. 2(a) of Form VAT-15.

Reduce Stock Received From Out of State at S.No.2© of VAT-15.

So far as stock from with in State is concerned this shall be reduced at S.No. 2(g) of Form VAT-15 through worksheet no. 4 (deduct  from Purchases) in others category.