Filing of TRANS-1 missed to file in time


This query is : Resolved 

Quick Summary
A user missed the deadline for filing the TRANS-1 form, preventing them from claiming VAT and Service Tax credit balances as of June 30, 2017. They are seeking advice on how to still obtain these credits within their GST account. While it's confirmed that VAT credit cannot be claimed after missing the deadline, the user is asking for alternative solutions to recover both VAT and Service Tax credits.

22 April 2020 We have missed filing TRANS-1 form for claiming credit of VAT and Service Tax balances as on 30th June 2017. Kindly suggest me the ways to get that credit into our GST account. Can we file refund of that balances from respective GST departments?

23 April 2020 Dear Nagendra Rao,
You cant claim the VAT credit, you have to forego the amount.

25 April 2020 we have credits under both SERVICE TAX & VAT. would you suggest any other remedy to get the credit benefit please


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query