a dealer is regd under gst on 16 oct18...he has gst paid stock as on 16th october. he wants to take itc on stock???which form is required to file? trans or trans 2 are required to file??? thanks
File ITC 01 on the portal
As per Section 18 CGST Act
You are entitled to take credit of input tax in respect of inputs held in stock and inputs contained in semi-finished or finished goods held in stock .
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