11 August 2017
I am concerned to take the credit of vat as on 30th june.otherwise heavy tax would have to be paid.
Whether any offline form is available.
what are the remedies to take the credit of vat in gst so that gst payable is low for the month of august.
whether it would be advisable to file gstr 3b late when the credit as on 30th july will be available.
if yes, upto which date we can delay the return.
11 August 2017
As of now Form TRAN 1 is not available. You can claim input of ITC of stock as on 30/6/17 only after filing the Form TRAN 1 and the credit of ITC reflecting in you Electronic Credit Ledger.
AS of now there is no provision in Form 3B to claim the ITC as on 30/6/17. You can claim ITC only on the inward supplies made during the month of July. You do not have a choice. You have to pay the tax liability of GST for the month of July without taking ITC as on 30/6/17.
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