How to file Nil ITC-03 in GST Portal?

Hello,

Please explain how to file Nil ITC-03 as there is no Closing Stock as on 31.03.2020.

Replies (4)
Quick Summary
This discussion addresses how to file a Nil ITC-03 form on the GST portal, specifically when there is no closing stock as of 31.03.2020. It clarifies that if there's no stock, filing ITC-03 is generally not required. The thread also touches upon whether to inform the GST officer about not filing and briefly inquires about TDS applicability for SAC Code 999294.

If there is no stock as on 31.03 2020.....ITC -03 is not required to be filed......

Thank You. 

Is there need to intimate the concerned gst officer regarding ITC-03 since we are not filing the same as stock was nil?

If there is no stock as on 31.03 2020.

.ITC -03 is not required to be filed.?

 

Sir 

is tds applicable for SAC Code 999294 and what is the rate?

thanks

Melwyn

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