Tran-1

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If Handloom or handicraft merchant who was exempted from VAT, have also need to fill TRAN-1 compulsory? 

Previously we were registered under VAT, now had stock but all the stock is of 0%tax. and even we do not need input credit. still it is compulsory to fill TRAN-1  ????

please advise urgently

Replies (2)

Trans 1 is  to confirm the credit as  well as  the  submission of  old  C  forms 

sif the  dealer has  C forms  to submit for last  2 and half  years then Trans 1 will be used  for submission of  those  C forms  

Thank you for your valuable information


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