9911796707
TMI BlogTransitional Credit- VAT to GSTX X X X Extracts X X X X X X X X Extracts X X X X ..... Transitional Credit- VAT to GST X X X X Extracts X X X X X X X X Extracts X X X X ..... ir .during VAT regime i have paid advance tax under section 12 during 2017 January and as GST was implemented in July i just C/fd in Tran-1 and started set off against ITC payable, now the department ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is raising notice that i should apply only for the refund of excess tax under VAT and I should not setoff in GST. is that correct? can I prefer appeal? Reply By KASTURI SETHI: The Reply: Dear Sir, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Pl. let me know about Section 12 . Of which VAT Act ? Reply By vignesh VSACCOUNTOPRIVATELIMITED: The Reply: s sir its under TNVAT! Reply By KASTURI SETHI: The Reply: Dear Sir, Advance tax is al ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ways subject to final adjustment. In my view, the department is correct. Reply By ABHISHEK TRIPATHI: The Reply: Dear Vignesh, Under which sub-section of section 140, querist has transitioned the VA ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... T credits? So, the department is sayings instead of transition, the querist was supposed to file refund of excess tax under VAT? This seems like a dispute of transition of credit. You establish that ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... you have done the right transition under section 140 of the TN GST Act. X X X X Extracts X X X X X X X X Extracts X X X X
|
