1- if we have bills then no need to fill trans 2?
2- if we do not have any bills then we have to fill trans 2?
3- trans 2 fill in the last of the month ??
is it right
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trans 2
Replies (7)
Yes........
but not yet updated
so we can claim the tax for purchases which are done 1 yr before from July 1 st under trans 2
You can claim ITC on purchase made during 1 year before 1 July.....
we have stock purchased three years ago and they are luxury items and can't be sold easily so I won't be getting any excise on those??
Are you newly registered in GST
No credot for any goods purchased before 01 July....
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