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TRN-1

SIDDHARTHA DAS (Service as a Mgr.Accounts & Finance) (43 Points)

22 August 2017

What is the last date of submission of TRN-1, If I don't to adjust any stock input credit with my current liability for the month of July and August in 3B.

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4 Replies

upasana gupta (Finance Professional) (3931 Points)
Replied 22 August 2017

Last date for filling trans 1 is 28 august and if you dont have any liability to be adjust in the current regime then it is not compulsory to fill the trans1

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SIDDHARTHA DAS (Service as a Mgr.Accounts & Finance) (43 Points)
Replied 25 August 2017

can I submit TRN-1 after July or August.

upasana gupta (Finance Professional) (3931 Points)
Replied 26 August 2017

No you can not file TRANS-1 after the due date which is 28 august

SIDDHARTHA DAS (Service as a Mgr.Accounts & Finance) (43 Points)
Replied 27 August 2017

I think it's wrong, I found that if I don't want to adjust any input credit for opening stock in the month of July or August output tax , then I will be submit Trans1, on or before 30th September 17.