Mam, In the query mentioned in link —
You replied that — However you should have disclosed the credit of stock under VAT regime in the last VAT return and otherwise there is no way you can avail credit for the same under GST regime.
Pls explain the meaning of the above para as I cannot get it .
2) Mam , pls explain that why disclosure of stock figures is required in TRAN-1 even if I did not have ITC Carry forward of VAT as on 30/6/17 ??
Thanks..
Frah Saeed Answered question September 18, 2020
You were required to enter the stock details in table 7 of TRAN 1 where credit is not carried forward in VAT returns.
Team Clearmytax.in
Frah Saeed Answered question September 18, 2020