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Trans 1 filing

sneha01 (accountant) (62 Points)

25 October 2017

we have alredy vat tax paid stock as on 30.06.17 so how to file trans1 form & which coloum fill the amount ?

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11 Replies

CA Rashmi Gandhi (Chartered Accountant) (86285 Points)
Replied 25 October 2017

No need to file Trans-1 if you dont qant to claim ITC ...

1 Like

RAJA P M ("Do the Right Thing...!!!") (127471 Points)
Replied 25 October 2017

If you want ITC on your closing stock then you ll file TRAN 1...
If you don't want ITC then no need filing of TRAN form...

You just refer the article. You can get some clarity. Any doubt also you ask to the Author....

https://www.caclubindia.com/articles/clarifying-tran-1-30992.asp

GOOD LUCK...

CA Rashmi Gandhi (Chartered Accountant) (86285 Points)
Replied 25 October 2017

I m author Raja PM of this article.....

sneha01 (accountant) (62 Points)
Replied 25 October 2017

sure we have to not file trans 1form

RAJA P M ("Do the Right Thing...!!!") (127471 Points)
Replied 25 October 2017

@ Rashmi.,
My eyes is opened. Not closed

RAJA P M ("Do the Right Thing...!!!") (127471 Points)
Replied 25 October 2017

I / Any other refer your article to other persons. It's to your goodwill...

The same time you ll refer the same it's your just advertisement. It's not Good...

g mahesh Mundra (Business and tax consultant) (3293 Points)
Replied 25 October 2017

if you don't want ITC you are the looser

CA Rashmi Gandhi (Chartered Accountant) (86285 Points)
Replied 26 October 2017

I know but i replied because you said that ask author & i already replied to this post . .

RAJA P M ("Do the Right Thing...!!!") (127471 Points)
Replied 26 October 2017

You replied or not, I don't know why you replied and where is replied and who is asking doubt / notify any wrong point of view, etc etc.....

Know above said Querist asking TRAN related question. So, I ll just copy and paste this...

Really I don't know how to help this article to Querist also I don't know about this article. So, I can't get answer about this article. So and so I write ask to the author if any doubt....!