Tran 1

This query is : Resolved

MOHAMMED ASGAR Bhati (Querist)
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02 November 2017 I am registered dealer under vat Rajasthan. I filed my vat return 30.06.2017 . I paid vat & cst 5025 & 10000. i am having closing stock on dtd 30.06.17 Rs. 530000/- No c form pending. all form received. I want to know that , I have to file tran 1 or not. pls explain.

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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02 November 2017 TRAN-1 may be filed when you have excess input to be carried forward from your last VAT return. Since you have closing stock as on 30.6.17 you may file TRAN-1 if you want to claim input on your closing stock.

MOHAMMED ASGAR Bhati

MOHAMMED ASGAR Bhati (Querist)
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02 November 2017 stock lying on 30 june is from local purchases . input already

MOHAMMED ASGAR Bhati

MOHAMMED ASGAR Bhati (Querist)
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02 November 2017 stock lying on 30 june is from local purchases . input already

MOHAMMED ASGAR Bhati

MOHAMMED ASGAR Bhati (Querist)
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02 November 2017 stock lying on 30 june is from local purchases .input already taken in vat return of 30 june. no excise stock.

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
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02 August 2025 Thanks for the details!

Since your **closing stock on 30.06.2017** consists of **local purchases** on which input VAT was **already claimed in your VAT return for June 2017**, and you **have no pending C forms** or **excise stock**, here’s the situation regarding **TRAN-1**:

* **TRAN-1** is primarily filed to **carry forward input tax credit** of VAT and/or CST from the old VAT regime to the new GST regime as on **30th June 2017**.
* However, if the **input tax credit on your closing stock has already been claimed and reflected in your VAT returns**, then you **do not need to file TRAN-1** to carry forward this credit again.
* Also, since you mentioned **no excise stock** and **no pending C forms**, there is no additional input credit to carry forward.

**Conclusion:**
You **do not need to file TRAN-1** in this case.

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