Govt warns Taxpayers who availed extraordinarily high transitional credit in Tran-1

Last updated: 13 December 2017

On filing of Form TRAN-I to avail Input Tax Credit Transition to GST provided for trust based transition of input tax credit of the existing taxpayers. A tax payer could file Form TRAN-1 and avail input tax credit on the basis of closing balance of the input tax credit declared in the last return
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