Form tran-1

This query is : Resolved 
 

(Querist)
13 September 2017

Dear Experts,

We are not taking any ITC (Excise or VAT) as we have no balance in return & we are manufacturer.

Should we have to mandatory file TRAN-1?

Kindly advise.

Rakesh Sharma


RAJA P M (Expert)
13 September 2017

No... It's not mandatory. Who want need ITC as previous Stock then they will be file TRAN 1....

CA Rashmi Gandhi (Expert)
13 September 2017

No need to file Trans-1 form if you dont want to take ITC



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