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TMI BlogC FORMS DETAILS IN TRAN1X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 - 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. - Re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ply 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 mentioned in the transition form. - Reply By JOSEPH DAVID - The Reply = Thanks for your reply- In our case we are not carrying forward VAT credit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . 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 regards Joseph David - Reply By MUKUND THAKKAR - The Reply = Not required - Reply By KASTURI SETHI - The Reply = I have re-exam ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ined 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. - C FORMS DETAILS IN TRAN1 - Query Started By: - JOSEPH DAVID Dated:- 5-10-2017 Goods and Services Tax - GST - Got 5 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... managementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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