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whether we have to file ITC 03 for very old stocks on which no ITC claimed under TRAN 1, Goods and Services Tax - GST |
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whether we have to file ITC 03 for very old stocks on which no ITC claimed under TRAN 1 |
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We are a small service provider and goods supplier, we have now opted for Composition under 2/2019 dt 7/3/19, we have got only very old stock in trade(before GST period), on which we had not taken any TRAN 1 credit. Whether under the circumstances we have to file ITC 03. Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
In my view, ITC-03 is not required to be filed.
A person opted for composition scheme cannot take input tax credit. Page: 1 Old Query - New Comments are closed. |
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