Tran 1
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 December 2017
Is it mandatory to file TRAN 1. We are having the liability due to non receipt of Statutory Forms and we are also having VAT ITC.
27 December 2017
Yes, it is necessary to carry forward the available ITC with old laws in TRAN-1 if you want to utilise the credit against GST liability.
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