tran2

20 March 2018

what is Tran 2 . is Tran 2 is compulsory for every one

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CA Shree Jain (Chartered Accountant) (1572 Points)
Replied 20 March 2018

The person who satisfies all of the following conditions must file Form Tran 2

The person aiming to claim the ITC should be registered under GST but should not be registered under any pre-GST regime.
The person should not possess any invoice or other documents that act as an evidence of payment of taxes.
The person should neither be a manufacturer nor a supplier of services under Central Excise or Service Tax respectively.
The closing stock should be lying on 30th June 2017.