Tax liability in vat reg
This query is : Resolved
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
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 :
1 times
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...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Difference between Date of Payment and Date of Deduction?
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Journal entry of busniess expenses
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- RATE AND HSN CODE
- TDS AND ITR ISSUE
- GST Rate for Catering Services
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
