Menu
tran query
i have stock 200000 in 31.3.18 and itc is 10000 then I have to fill tran 1 or not necessary
Replies (3)
Tran 1 is only for taking input tax credit from earlier VAT or service tax or central excise. not during GST regime
As per your query, No need to file TRAN 1.
Your excess ITC of march 18 is already carried forwarded to next month.
Your excess ITC of march 18 is already carried forwarded to next month.
sir I have filed tran 1 regarding transitional credit of vat . that credit was reflecting electronic credit ledger. but at the time of filing of July month gstr3b return again I have taken 50% of cgst and 50% sgst .then after electronic credit ledger amount was increasing.that time I understood wrongly taken.now what is the rectification
Recent Topics :
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
Related Topics :
CAclubindia
