TaxTMI 
TaxTMI 
whether we have to file ITC 03 for very old stocks on which no ITC claimed under TRAN 1
X X X X Extracts X X X X
X X X X Extracts X X X X
....hether we have to file ITC 03 for very old stocks on which no ITC claimed under TRAN 1<br> Query (Issue) Started By: - Anurag Dhawan Dated:- 12-4-2019 Last Reply Date:- 14-4-2019 Goods and Services Ta....
X X X X Extracts X X X X
X X X X Extracts X X X X
....x - GST<br>Got 2 Replies<br>GST<br>We are a small service provider and goods supplier, we have now opted for Composition under 2/2019 dt 7/3/19, we have got only very old stock in trade(before GST per....
X X X X Extracts X X X X
X X X X Extracts X X X X
....iod), on which we had not taken any TRAN 1 credit. Whether under the circumstances we have to file ITC 03. Reply By KASTURI SETHI: The Reply: In my view, ITC-03 is not required to be filed. Reply B....
X X X X Extracts X X X X
X X X X Extracts X X X X
....y Ganeshan Kalyani: The Reply: A person opted for composition scheme cannot take input tax credit.<br> Discussion Forum - Knowledge Sharing ....