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

32,834 total views, 17 views today

What is Form GST TRAN-1 and when to File it

Businesses having carry over Cenvat credit and Input VAT credit are allowed to carry forward the eligible Cenvat/Input Credit (ITC) from earlier regime to GST. The Cenvat credit including Service Tax will be carried forward as CGST Input Tax credit and VAT including entry tax…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

158,485 total views, 161 views today