Hi
I have filed tran 1 and got credit for state statutory Levy bt not for Central Excise nd Service Tax..
When I go to the return it shows that ITC claimed as zero and tried to call and write mail to gst portal but nit getting any response every time saying your query is forwarded..
What should i do..??
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TRAN 1 Credit not transfered
Replies (4)
u would b getting the credit only if u have shown in ur ER 1 and ST 3 returns of June. d dept r verifying this as well. I work for a co. wherein v recd a call to explain out how d credit in tran 1 has flown. So I guess it will b accepted only if d returns show d Amt as closing balance
Thank u for your response sir
I have shown balance as closing balance in tran 1 as per the return for the month of June but when i look at tran 1 credit claim is showing as zero and regarding this i am worried as near 30 l need to be claimed..
I have shown balance as closing balance in tran 1 as per the return for the month of June but when i look at tran 1 credit claim is showing as zero and regarding this i am worried as near 30 l need to be claimed..
as we have shown the closong stock as on 30-06-2017 in TRAN 1 and filed it state tax credit has been availed via VAT Return for the Q1 (April - June) now how the central tax would be availed ?
file TRAN 2 to be filed till 31-03-2018 to availed credit of CENTAL (CGST & IGST)
CGST credit will be given as ::
- if RATE is 18% or more on goods sold after 30-06-2017 so 60% of CGST will be given as credit
- if RATE is less than 18% on goods sold after 30-06-2017 so 40% of CGST will be given as credit
IGST credit will be given as ::
- if RATE is 18% or more on goods sold after 30-06-2017 so 30% of IGST will be given as credit
- if RATE is less than 18% on goods sold after 30-06-2017 so 20% of IGST will be given as credit
I have not shown stock in tran 1 now what to do..
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