Vat itc set off for gst payment
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 October 2017
Dear Experts,
We have filled our Trans-1 form to claim ITC of vat. Pls let me know whether ITC of vat shall be adjust against the payment of only SGST, not for the payment of CGST & IGST,
Thanks
Rohit
We have filled our Trans-1 form to claim ITC of vat. Pls let me know whether ITC of vat shall be adjust against the payment of only SGST, not for the payment of CGST & IGST,
Thanks
Rohit
03 October 2017
VAT input can be set off only against SGST.
03 October 2017
Yes...
I agreed with Mr Udaya Chandran...
VAT ITC only to adjust SGST....
I agreed with Mr Udaya Chandran...
VAT ITC only to adjust SGST....
03 October 2017
If you claim ITC of VAT in TRAN-1 then same is given as SGST credit & used to set off t
03 October 2017
Same is used to set off SGST or IGST Credit only
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
- Fixe term employment
- Is any professional CA is here please reply
- GST ITC REVERSE
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Putting a heading on received mail
- Gift Received from nonblood relative
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Reprocessing of rectification order AY 2025-26
- Section 50-fixed asset-->building ceases to exist
- Consolidated financials
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
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
