FILING TRAN-1 is very important & as the due date is 28th Sept’17, Some of the important point covered as below, For all other SECTION wise & TABLE wise QUERIES, you can view the VIDEO in the link below:-
FAQs on GST TRAN – 1
Page Contents
A – No revision after submission, so be careful.
A – Yes, after submitting TRAN-1, amount will be credit in Electronic Credit Ledger & can be utilized than.
A – Recovery of TAX along with Interest & Penalty as per Section 73 or Section 74.
A – PERSON registered under EXISTING LAW & not opting Composition Scheme having Input c/f in returns.
CONDITIONS –
ITC should be reflecting in Return.
ITC allowed in GST Act also.
ITC shouldn’t related to goods manufactured and cleared under Exemption notifications.
Preceding 6 month returns filed.
A – Automatically “0” will be filled when we select “NO”, in Invoice available Box.
while filing GSTR 3B FOR AUGUST GETTING ERROR MSG
YOU HAVE SUBMITTED TRAN 1, PLEASE FILE TRAN1 BEFORE FILING 3B
BUT WHEN I AM TRYING TO FILE TRAN 1 GETTING ERROR MSG
SUBMIT BEFOR FILING:FOR GSTN: GST NO
I HAVE SUBMITTED TRAN1 15-20 DAYS BACK
due date for GSTR 3B august 2017