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Tran-1

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 September 2017 I want to file TRAN-1. in previous i was registered VAT holder and timely file VAT-10. ITC under VAT nill for the month of June'17. can u clarify what type of details require to fill under TRAN-1.
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RAJA P M

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RAJA P M (Expert)
20 September 2017 In my view you don't want file TRAN 1 form... In case you want any stock credit then you ll be file TRAN 1 form...
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Querist : Anonymous

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Querist : Anonymous (Querist)
20 September 2017 any stock credit mean???
No ITC. but i hold stock in hand of Rs.7lacs as on 30/06/2017.



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RAJA P M

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RAJA P M (Expert)
20 September 2017 Stock credit means ITC....
If you want ITC on Previous stock then you ll file TRAN 1...
If you don't want ITC then no need...

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