Form tran-1
This query is : Resolved
Rakesh Sharma
(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
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
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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