Tran 2
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 December 2017
Dear Experts,
While filing tran 2 How to claim ITC i.e., 60% on CGST or on total GST amt?
Eg. Sale value Rs. 28000/- GST 28% then (2353/- is correct or 4704?)
While filing tran 2 How to claim ITC i.e., 60% on CGST or on total GST amt?
Eg. Sale value Rs. 28000/- GST 28% then (2353/- is correct or 4704?)
Guest
Guest
(Expert)
29 December 2017
If you are covered under section 140(3) of the Central as well as the State Act then you are eligible to claim credit of 60% of entire GST Amt (i.e CGST+SGST).
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