HI Shiv,
Could you check the following:
1. Check whether the asignment between Plant and shipping point is done properly
2. Chcek whether delivery type is assigned in Config
3. Check whether this material stock is maintained in both the Plants
also see the below notes from Help data:
Prerequisites for Goods Issues in Shipping:
To process the goods issue via Shipping, the following prerequisites must be fulfilled (see also Goods Movements via Shipping):
In Customizing for Purchasing, a delivery type must be assigned to the purchasing document type. If the document type does not have a delivery type, you can post the goods issue only in Inventory Management.
The customer number of the receiving plant must also be maintained in Customizing for Purchasing.
In the Customizing system of Sales & Distribution, the shipping point determination must be maintained.
In the material master record, shipping data must be maintained.
If the document type contains a delivery type but another requirement is missing (for example, shipping data), you receive either a warning message or an error message (depending on the system configuration) when you try to enter the stock transport order.
If you receive a warning message, you can create the stock transport order, but you can post the goods issue for this item only in Inventory Management.
Also chcek this link:
http://help.sap.com/saphelp_47x200/helpdata/en/4d/4b9036dfe4b703e10000009b38f889/frameset.htm
Reward if it helps
regards
srini
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