tran -1
This query is : Open
Vikas Singh
(Querist)
22 October 2017
Dear sir/ma'm
we have stock at the end 30.06.2017 on which vat has been paid by us .
but at 1st point of sale, goods had been suffered from excise duty but we do not posses any docs. regarding excise , can i claim input tax credit on such closing stock ?
CA Rashmi Gandhi
(Expert)
22 October 2017
Yes you can claim deemed credit but same will be available only on filing tran-1&2.....
Vikas Singh
(Querist)
22 October 2017
There is a 4 part in point no. 7 in tran -1..
in which part would i have to fill excise duty details ?
CA Rashmi Gandhi
(Expert)
22 October 2017
Clarifying TRAN 1 https://www.caclubindia.com/articles/details.asp?mod_id=30992
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