TMI BlogTrans1 returnX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear experts Refer GST Trans 1 Return. In 5 c table, what is coloumn 7 ITC reversal retable to 3 and 5 . Kindly suggest what amount to be entered in this coloumn. Expert opinion is exp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ected urgently to file correct return. - Reply By Nandan Khambete - The Reply = It is differential liability of Dealer assuming C / F Forms will not be received, Eg. Vat applicable for your goods ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is 6% and you have sold Inter state under C from @2%.10 C forms of ₹ 100 basic value each are pending to be received by you. In this case, State ITC of 30.06.2016 to be carried forward to 01.07 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .2017 will be reduced by 100*10*(6%-2%) i.e ₹ 40. Trust the above clarifies the issue. CA CS Nandan Khambete - Reply By Sushil Aggarwal - The Reply = It is the reversal of ITC made in your b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ooks due to stock transfer made out of the goods on purchase of which you have claimed ITC. Various State Govt. have prescribed various percentage of the value of goods which needs to be reversed whil ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e transferring locally purchased goods, say in Delhi, it was 2%. V.K. Verma Advocate - Trans1 return - Query Started By: - Narendra Soni Dated:- 18-9-2017 Goods and Services Tax - GST - Got 2 Repl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
