Gst trans 1 & trans 2

353 views 3 replies

dear sir/ madam,

I am a dealer, I have purchased goods from supplier who is a manufacturer & he added cenvat credit is his bill & material is in stock as on 30-06-17 for which i have to declare in Trans 1.

I am liable for Tax Credit for that Cenvat Credit. My question is it necessary for me to sale that stock before unloading Trans 1 & is it necessary to file Trans 2 to avail the credit.

 

Replies (3)
yes u can. but no need to file tran 2. u can fill table 7-a only if there is exceise amount shown in invoice otherwise u require to file tran-2 also
only stock of 30.6.17 cenvat credit can calim not full year ... which I s in closing only that excise amount have to claim... what about CST Purchase

thank you 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register