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C FORMS DETAILS IN TRAN1, Goods and Services Tax - GST

Issue Id: - 112904
Dated: 5-10-2017
By:- JOSEPH DAVID
C FORMS DETAILS IN TRAN1

  • Contents

Whether it is compulsory to fill C forms detail in TRAN1 if I am not Taking any transition credit of VAT but Taking credit of Cenvat and service tax. What if still some forms are pending and no vat credit available

REGARDS

JOSEPH DAVID
 

Posts / Replies

Showing Replies 1 to 5 of 5 Records

1 Dated: 5-10-2017
By:- KASTURI SETHI

If you do not fill Form C figures, it may mismatch the overall figures and mismatch may create problems.


2 Dated: 6-10-2017
By:- Ganeshan Kalyani

I agree with the views of Sri Kasturi Sir. TRAN-1 is for carry forwarding of Credit of both Central Excise/Service Tax and VAT. So if you are carry forwarding VAT credit, then Form C detail is required to be mentioned in the transition form.


3 Dated: 6-10-2017
By:- JOSEPH DAVID

Thanks for your reply-

In our case we are not carrying forward VAT credit. We do not have VAT credit available only CENVAT credit available.

In schedule 5(c)TRAN1-we have to show balance of ITC of VAT only and C forms and F forms liability.

Is it necessary to show C forms and F forms liability where VAT credit is not shown

regards

Joseph David


4 Dated: 6-10-2017
By:- MUKUND THAKKAR

Not required


5 Dated: 6-10-2017
By:- KASTURI SETHI

I have re-examined all the replies and also in view of elaboration of further query by the querist, I agree with Sh.Mukund Thakkar, Sir. His views are full of substance.


1

Old Query - New Comments are closed.

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