Tax liability in vat reg
This query is : Resolved
B SRINIVAS
(Querist)
03 November 2017
Dear sir we have tax liability in vat system can we sett off the liability in gst with ITC if yes how
B Vinay Reddy
(Expert)
03 November 2017
Dear Mr.srinivas,
No we cannot set-off VAT liability with GST Input.
But you can claim already paid VAT by filing GSTR TRANS 1
Message likes :
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B Vinay Reddy
(Expert)
03 November 2017
GST TRANS 1 should be filed on or before 30th of Nov 2017
03 November 2017
Dear Mr. B. SRINIVAS.,
What is question...?
You can get any ITC in VAT regime then you can claim the ITC in GST from the way of "FORM - TRAN 1"
Otherwise any liabilities in Previous Tax Regimes then we ll pay it to the previous Tax departments...
What is question...?
You can get any ITC in VAT regime then you can claim the ITC in GST from the way of "FORM - TRAN 1"
Otherwise any liabilities in Previous Tax Regimes then we ll pay it to the previous Tax departments...
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