Tax audit 3cd
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 October 2018
Sir,
What information is to be given in Clause 27 (a) of form 3CD?
CENVAT/Input tax credit Opening balance
CENVAT/Input tax Credit Availed CENVAT/ Input Tax Credit utilized
Closing/outstanding Balance.
my question is "what is Input tax credit in this case? is it the amount available in GST ledger after payment/adjustments of SGST and CGST liability or it is relating to the IGST (if a firm making interstate sales).
confused???
What information is to be given in Clause 27 (a) of form 3CD?
CENVAT/Input tax credit Opening balance
CENVAT/Input tax Credit Availed CENVAT/ Input Tax Credit utilized
Closing/outstanding Balance.
my question is "what is Input tax credit in this case? is it the amount available in GST ledger after payment/adjustments of SGST and CGST liability or it is relating to the IGST (if a firm making interstate sales).
confused???
08 October 2018
Figures of opening. availed and utilised amounts pertainding to those laws as in rule 3 of Cenvat credit rules,2004 up to 30-06-2017 only to be shown in clause 27(a).
No need to show GST amounts since it came w.e.f 01-07-2007 and no mention of
GST in Cenvat credit rules,2017.
No need to show GST amounts since it came w.e.f 01-07-2007 and no mention of
GST in Cenvat credit rules,2017.
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