Transitional itc

This query is : Resolved 

29 September 2017 Sir,
In table 7c,what does the phrase "total input tax credit claimed under earlier law" mean? Is it same as put in table 5c ?

04 October 2017 You need to mention the input credit as per your last return under VAT, Excise, Service tax in 5C.

7C is related to the below persons - not liable to register under previous law, manufacturer of exempted goods/services, dealers and composite dealers.


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