Declaring Manufactured Goods for Personal Consumption

To declare manufactured goods for personal consumption:

1. From the GST Module, click GST Daily Processing (G75IGST3H), and then Purchase Personal Consumption and Reclassify Stock Transfer for MFG Goods.

2. On the Reclassify Stock Transfer For Manufactured Goods form, review the existing stock transfer orders for personally consumed goods and the GST calculated for the orders.

   By default, the system displays only those records that are not linked with a reason code. To display all stock transfer order records including those records with reason codes, select Show All Records.

3. Select the record that you want to mark for personal consumption and complete the Reason Code field.

   The reason code identifies the reason for non-applicability of ITC on these goods.

   Optionally, complete the Remark field.

4. Click Update Reason for Selected Records to commit the goods in the stock transfer order.

5. To update the reason code, enter a new code in the Reason Code field and click Update Reason for Selected Records.