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DEATILS OF THE INPUTS HELD IN STOCK UNDER TRANS-1 RETURN, Goods and Services Tax - GST |
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DEATILS OF THE INPUTS HELD IN STOCK UNDER TRANS-1 RETURN |
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We are manufacture registered under earlier Vat,Excise & Service Tax act. We want to take transit credit of Vat & Excise Credit (Which was shown balance in Last return filed by us on 30.06.17) under Trans -1 return. While filing Trans-1 there is a details regarding the inputs held in stock u/s. 7(a), 7(b). 7(c), 7(d) which is applicable to us. since all credit related document (Invoices) are available with us. We heard that these details required to fill only traders we willing to take credit on traded goods those earlier law was not permitted. Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
ER1 balance is transferred to CGST balance on submission of TRAN-1. The traders need to file TRAN-2.
Since you have the invoices, enter the same in tran 1. You will get full credit. Page: 1 Old Query - New Comments are closed. |
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