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Trans-1 form

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 October 2017 Dear Experts,
As on 30/6/2016 we have stock of 635563 but No ITC?

Pls clarify since we have not any ITC as on 30/6/2017 whether we have to file trans-1 form or not

Thanks & Regards
Mukesh Jaiswal
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RAJA P M

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RAJA P M (Expert)
05 October 2017 You don't want any ITC on previous Tax regime then no need filing of TRAN form...
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Udaya Chandran

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Udaya Chandran (Expert)
05 October 2017 Your query is not clear. Are you a dealer, not registered under previous law.
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
05 October 2017 TRAN-1 is required to submit only if you want to claim ITC.

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