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ITC on opening stock
For availing itc on opening stock in gst, we will file gst Tran 1. But when we sale such goods, in which return it will be mentioned ❓specially when all goods r not sold at one time.
Replies (8)
file tras -2 form on monthly basis to update data of sale & get the credit
But tran-2 form is in case of not in possession of any invoice. In case of proper invoices available which form to be filed.
monika file trans-1 for credit t/f & trans-2 for monthly reporting
thank you
it is not correct mam I am of the opine of CA Monika tran 2 is for invoices not available in tran 2 two tables 1 he is not in possession 2. credit on stock mentioned in 1
vijay plz check trans -1 form point no 7. & tran - column2 clearly mention outward supply made
Preet it is outward supply made from the items not covered by invoices if I am supposed to be correct you pl scan and ensure
trans-2 is need to submit for monthly transaction.
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