Tran 1 credit
This query is : Resolved
10 September 2018
DEAR ALL,
what is the accounting Treatment for the TRAN I Credit taken on Duty Paid Invoice (Excise Paid), for finalizing the Account as per Law, as VAT input balance is shown in Balance sheet and converted in SGST ITC but there is no balance of CGST balance previous which is to Taken as ITC .
what is the accounting Treatment for the TRAN I Credit taken on Duty Paid Invoice (Excise Paid), for finalizing the Account as per Law, as VAT input balance is shown in Balance sheet and converted in SGST ITC but there is no balance of CGST balance previous which is to Taken as ITC .
10 September 2018
https://www.caclubindia.com/experts/input-tax-credit-2689924.asp
https://www.caclubindia.com/forum/adjustment-of-credit-taken-in-trans1-483465.asp?offset=1
https://www.caclubindia.com/forum/adjustment-of-credit-taken-in-trans1-483465.asp?offset=1
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS in case of Inoperative PAN under Section 192A
- How to reclaim rent paid on behalf of a registered person?
- IGST of Feb 23, Can we claim ITC now?
- NSC interest taxability at maturity
- GST order u/s 73
- RCM on Commercial Godown
- GST on Transport of Exempted Goods
- Salary to workers
- Transfer of ITC after death of proprietress
- Tarpaulin covers for agriculture research can claim ITC
- Different payment bank or method used rather than AD Code registered bank
- Articleship Registration 2024
- Trust Audit filling
- Delay condonation of audit report of a trust
- Credit Note Issue in GST
- GST Self Invoicing
- Filing GST Returns after death of proprietor
- ITC reversal FY 2023-24
- GPA as proof of principal place in GST
- Regarding E way bill password reset-urgent please
Trending Online Classes
CAclubindia
