top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

How is VAT input credit carried forward in GST?

+1 vote
251 views
How is VAT input credit carried forward in GST?
posted Mar 28, 2018 by Durga Prasad

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

The Eligible credit as per the last VAT return will be allowed to be migrated to the GST regime in terms of Section 140 ( 1) of CGST Act.

The procedure to be followed is furnishing the details of the credit to be carried forward in GST regime in FORM TRAN-1 within 90 days from the appointed day

answer Mar 30, 2018 by Ananya Saha
...