C FORMS DETAILS IN TRAN1
X X X X Extracts X X X X
X X X X Extracts X X X X
.... FORMS DETAILS IN TRAN1<br> Query (Issue) Started By: - JOSEPH DAVID Dated:- 5-10-2017 Last Reply Date:- 6-10-2017 Goods and Services Tax - GST<br>Got 5 Replies<br>GST<br>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 JOSE....
X X X X Extracts X X X X
X X X X Extracts X X X X
....PH DAVID Reply By KASTURI SETHI: The Reply: If you do not fill Form C figures, it may mismatch the overall figures and mismatch may create problems. Reply By Ganeshan Kalyani: The Reply: I agree with the views of Sri Kasturi Sir. TRAN-1 is for carry forwarding of Credit of both Central Excise/Service Tax and VAT. So if you are carry forwarding VAT credit, then Form C detail is required to be m....
X X X X Extracts X X X X
X X X X Extracts X X X X
....entioned in the transition form. Reply By JOSEPH DAVID: The Reply: Thanks for your reply- In our case we are not carrying forward VAT credit. We do not have VAT credit available only CENVAT credit available. In schedule 5(c)TRAN1-we have to show balance of ITC of VAT only and C forms and F forms liability. Is it necessary to show C forms and F forms liability where VAT credit is not shown re....
X X X X Extracts X X X X
X X X X Extracts X X X X
....gards Joseph David Reply By MUKUND THAKKAR: The Reply: Not required Reply By KASTURI SETHI: The Reply: I have re-examined all the replies and also in view of elaboration of further query by the querist, I agree with Sh.Mukund Thakkar, Sir. His views are full of substance.<br> Discussion Forum - Knowledge Sharing ....