What is stock transfer? for ex: if i purchase a product in
chennai and i tranfer it to our branch which is in
bangalore. shall the blr office can bill the product to
their customer in blr.(purchse frm chennai and bill in blr
office is possible?
Answers were Sorted based on User's Feedback
Answer / vikash verma
Stock transfer means transfer of stock/goods from one unit
of the concern to its another unit. e.g. A steel trading
concern based in chennai transfers 1000 MT steel sheets to
its secunderabad branch can be understood as stock transfer.
In the above case it is possible to purchase from chennai
and bill in banglore. For that purpose stock should be
transferred through a tax invoice from chennai to banglore.
| Is This Answer Correct ? | 23 Yes | 7 No |
Answer / alkesh b. kukadiya
Stock transfer means trasfer of goods/stock from one
unit/branch to another.
ya banglore office can raise bill in the name of his
customer provided that chennai office transfer stock to
banglore office by issuing tax invoice.
so, in brief, if one unit issue tax bill to another unit
for stock transfer then another unit can raise bill on his
customer while selling the same goods.
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / senthil kumar
chennai office will bill to you. and you need to pay for
that. once you transfer that good to banglore office and
sold to your customer banglore office has raise the bill.
| Is This Answer Correct ? | 9 Yes | 4 No |
Answer / harish
Stock transfer indicates transfer of stock between branches of
a concern. Definitely possible, provided the previous must be
an inter-branch sale.
| Is This Answer Correct ? | 2 Yes | 7 No |
can anybody describe about the accounts and financ ? what is difference between that , thanks in advance gurus
what is a bill of exchange?
what is Derivative Documentation,Derivative Settlements,Derivative confirmation?
What is re-financing in Letter of Credit settlement
How do you set the increment point in appraisal of salaries. It becomes so difficult for the employer to hear again and again about increment
what is the meaning of prepaid insurance and outstanding salary? please explain with example.
what's accounts payable
5 Answers BPO, Genpact, Global Info Vision, ITI,
Queries for Big4 Articleship : Whether son of CA in practice effects chances.
is it possible that on dealer of work contract can opt composition and non-composition both scheme in dvat?
Expand CDR
Expand ------APIIC
A----------involves transfer of money or moneys worth from one person to another