TaxTMI 
TaxTMI 
sir, this is a case of a trading firm which was not registered under c.ex and has multilocated depots pan india. they got registered under gst and filed tran 1under Sec 140(3) - but were denied credit taken on invoices/notes showing inter stock transfer from their depots to their firm by the dept , since technically inter stock transfer notes/invoices are not prescribed documents for the purpose of taking credit, though the goods were lying in stock as on 30.6.2017....pls advise.
Tran 1 ITC - whether available on documents raised for inter stock transfer
14 Jun 2019 
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Input Tax Credit on inter-stock transfers requires documentary correlation to substantiate duty and establish closing stock.
Credit under TRAN 1 may be claimed for excise duty embedded in closing stock at depots if the duty element is substantiated and correlated with the unit's records; prescribed document names are not decisive, and evidence such as supplier excise invoices, books of account, batch numbers, or internal codes and an undertaking against double credit are required to establish stock and duty as at the cut off date. (AI Summary)
Credit under TRAN 1 may be claimed for excise duty embedded in closing stock at depots if the duty element is substantiated and correlated with the unit's records; prescribed document names are not decisive, and evidence such as supplier excise invoices, books of account, batch numbers, or internal codes and an undertaking against double credit are required to establish stock and duty as at the cut off date. (AI Summary)