Sir if a person has different registration in same state and there is transaction between 2 different between units.
Still it is supply right?
Sugam SM
CA Final
★ 9K+
23-Mar-23 10:39
177
Answers (4)
Yes since the are two registrations they are distinct units and supply within distinct units even without consideration is deemed supply under para 2 of schedule 1
Harshitha Kalidindi
CA Inter
★ 45K+
23-Mar-23 12:47
Keep focus on concept of Deemed Distinct Person.
Irrespective of state boundaries, a stock transfer between two DDP is deemed as Supply u/s 7(1)(c) Schedule 1 Para 2.
Varun Mulay
CA Inter
★ 38K+
23-Mar-23 19:42
Seperate Registration will lead to recognition as deemed distinct person.