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Tran-1 Credit - Closing Input tax credit of Last month VAT Return - Goods and Services Tax - GSTExtract Dear Experts, I have come across a situation, where one of my client has received a notice from the GST department that the TRAN-1 credit is ineligible as the conditions u/s 140 were not satisfied. i.e., (ii) where he has not furnished all the returns required under the existing law for the period of six months immediately preceding the appointed date; Client has registered under VAT regime on Mar-2017 and file the VAT returns upto Jun-2017 (i.e., 4 months). However, the department are of view that since 6 months returns were not filed, the closing Input tax credit in Jun-2017 VAT returns becomes ineligible. I seek your assistance in clarification
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