Old input adjustment

This query is : Resolved

Skumar (Querist)
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14 December 2017 We have old VAT Input upto 30-06-2017 , How we can adjust with GST.
Old VAT input only can be adjusted with SGST or we can adjust with IGST and CSGT .
Please confirm

Thanks
SKumar

Udaya Chandran

Udaya Chandran (Expert)
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14 December 2017 Have you shown the ITC in your returns filed for the month of June 2017? If yes, you can credit the same by filing TRAN 1 before 31/12/2017. Such input can be adjusted against SGST.

Skumar

Skumar (Querist)
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14 December 2017 You mean that we can adjust old VAT input only with SGST not with IGST & CGST
Please confirm

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Udaya Chandran

Udaya Chandran (Expert)
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15 December 2017 Yes, since it is a state tax, you can adjust the credit only against SGST.