ITC against TRAN I
Query (Issue) Started By: – MANASH MUKHERJEE Dated:- 23-5-2018 Last Reply Date:- 25-5-2018 Goods and Services Tax – GST
Got 3 Replies
GST
Dear Sir,
A taxpayer availed ITC againt TRAN 1 under para 5(a) . But actually the credit should have been on 6(a) , i.e. capital goods. How the things can be corrected or is the credit to be reversed by the taxpayer only on the ground that he wrongly filed TRAN 1 .
With regards,
M.Mukherjee.
Reply By KASTURI SETHI:
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