IndigoLearn

Difference between transfer and donation

Sir,could you please explain me the difference between TRANSFER and DONATION as per cgst act


Sai Teja

Sai Teja

CA Inter

9K+

24-Dec-20 20:58

13

Answers (3)

Best Answer

But transfer can also be without consideration right sir For example transfer of goods from one branch office to another branch office owned by same person on which we have to pay gst

But its still with the same company. Donation is like you give donation to a temple.


Suraj Lakhotia

Suraj Lakhotia

Admin

26-Dec-20 17:57

Donation is given for free or without consideration.


Suraj Lakhotia

Suraj Lakhotia

Admin

26-Dec-20 17:29

But transfer can also be without consideration right sir For example transfer of goods from one branch office to another branch office owned by same person on which we have to pay gst


Sai Teja

Sai Teja

CA Inter

9K+

26-Dec-20 17:31