C FORMS DETAILS IN TRAN1

[JOSEPH DAVID]

Whether it is compulsory to fill C forms detail in TRAN1 if I am not Taking any transition credit of VAT but Taking credit of Cenvat and service tax. What if still some forms are pending and no vat credit available

REGARDS

JOSEPH DAVID
 

AI Summary

No Need to Fill C Forms in TRAN-1 If Only Taking CENVAT, Not VAT Credit A user inquired whether it is mandatory to fill C forms details in TRAN1 if they are not taking VAT transition credit but are taking Cenvat and service tax credit. Several respondents provided insights, with one noting that omitting C forms could cause discrepancies. Another agreed, stating that TRAN-1 is for carrying forward credits, implying C forms are necessary if VAT credit is involved. However, the user clarified they are not carrying forward VAT credit, only CENVAT. Ultimately, it was concluded that showing C forms and F forms liability is not required if VAT credit is not being carried forward.