Tran 2
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 December 2017
Dear Experts,
While filing tran 2 How to claim ITC i.e., 60% on CGST or on total GST amt?
Eg. Sale value Rs. 28000/- GST 28% then (2353/- is correct or 4704?)
While filing tran 2 How to claim ITC i.e., 60% on CGST or on total GST amt?
Eg. Sale value Rs. 28000/- GST 28% then (2353/- is correct or 4704?)
Guest
Guest
(Expert)
29 December 2017
If you are covered under section 140(3) of the Central as well as the State Act then you are eligible to claim credit of 60% of entire GST Amt (i.e CGST+SGST).
Message likes :
1 times
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
- Tax on Amount transferred in HUF Account
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Intimation under section 245
- GST input credit on commercial property
- Gift to nri relatives residing in usa
- ETDS return q4 25-26
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
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
