Category: GST Transition

TRAN 2 GST Form : Overview and Revised Timelines

About a year back, when India was getting ready to step into the GST era, the subject of input tax credit carried forward from the previous tax regime, was a major cause of concern for most businesses. Understandably, a sizeable amount of tax would have…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

38,566 total views, 1 views today

What is CTD (Credit Transfer Document) in GST

Under GST, the duties and taxes which are paid on the closing stock held on 30th June, 2017 are allowed to be claimed as a transitional credit. If the trader is in possession of invoice or any other document which evidences tax payment, 100% of…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

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Due Date to File GST TRAN-1 Extended

Through the press release of the 21st GST Council meeting held in Hyderabad on 9th September 2017, it had been clarified that that the due date to file GST TRAN-1 has been extended till 31st October, 2017. The decision was applauded by most businesses, since it provided…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

26,399 total views, 1 views today

How to File GST TRAN-1 : Part 6

In our series of blog posts on “How to File Form GST TRAN-1”, we have discussed about  various business scenarios in Part-1 to Part-5. In this blog, we shall discuss about the following: : Applicability of Table 8 of Form GST TRAN-1 How to fill…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

13,959 total views, 2 views today

How to File GST TRAN-1 : Part 5

In our series of blog articles on “How to file Form GST TRAN-1”, we discussed the applicability and section-wise details of Table 5, 6, 7(A) and 7(B) of Form GST TRAN-1. In this article, we will discuss about: Applicability of Table 7(C) and 7(D) of…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

25,291 total views, 2 views today

How to File GST TRAN-1 : Part 3

In our earlier blogs How File Form GST TRAN-1 Part-1 and Part-2, we discussed about claiming transitional input tax credit on the basis of last return filed and unavailed ITC on capital goods. In this blog, we will discuss about claiming ITC on closing stock…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

28,538 total views, 6 views today

How to File GST TRAN-1 : Part 2

In our earlier blog How to File Form GST TRAN-1: Part I, we discussed about filing GST TRAN-1 with details of CENVAT and input VAT credit carried forward.  In this blog, we will discuss about how to file Form GST TRAN-1 for claiming transitional ITC on Capital…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

50,841 total views, 22 views today

How to File GST TRAN-1 : Part 1

In our earlier blog What is Form GST TRAN-1 and when to file it , we discussed about the due date to file Form GST TRAN-1 and different scenarios in which  businesses are required to file Form GST TRAN-1 to claim the transitional input tax credit….

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

48,212 total views, 6 views today