Dear Sir,
I like to know Trans 1 filling compulsory if I am not like to take transitional Input Credit. Further where I put my jun closing stock? I think the closing stock will be shown GSTR - 1. Please clear my doubt, thanks
6 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 29 August 2017
You want ITC in previous Stock...?
If Yes. TRAN 1 is mandatory.
If No. You can leave it....
If Yes. TRAN 1 is mandatory.
If No. You can leave it....
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 29 August 2017
If don't want ITC you don't be show the stock. Just you ll be sell your goods then pay your Tax liability....
Ranjit Karmakar
(124 Points)
Replied 29 August 2017
thanks for reply, if i am not filling Trans - 1, where I show the stock?? I think it is shown on GSTR - 1
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 29 August 2017
No. GSTR 1 and 2 is only for GST transactions. Not, available previous Tax regime's stock and it's details...
You want ITC then you can file TRAN 1. If you don't want no more action.
You want ITC then you can file TRAN 1. If you don't want no more action.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 29 August 2017
Yes. You are Most Welcome...
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