What will happen with ITC
Anuj (Student) (35 Points)
23 May 2017
Need to know about the earlier ITC With department. Would it be adjusted or rembursed
3 Replies
Lekhu Nyoliwala
(92 Points)
Replied 23 May 2017
ITC of VAT shall be credited to your electronic credit ledger without fail. However you may have to fill in the said figure in GST TRANS1 form for availing it in case the GSTN does not auto populate ir from respective VAT servers.
Vipul
(Finance Manager)
(59 Points)
Replied 23 May 2017
ITC of State VAT with the department can auto credited in SGST and ITC of Central can auto credited in CGST.
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