LIVE GST TRAN 1 DEMO ONLINE, carry forward of Inputs (existing law) to GST,*

LIVE GST TRAN 1 DEMO ONLINE, carry forward of Inputs (existing law) to GST,*


MUST WATCH till END for the SUMMARY of ALL d POINTS which NEED to FILL MUST WATCH till END for the SUMMARY of ALL d POINTS which NEED to FILL MUST WATCH till END for the SUMMARY of ALL d POINTS which NEED to FILL CORRECTION – STATUTORY FORMS if less than 100 than to be filled online, otherwise EXCEL OFFLINE UTILITY NEED to fill & than Uploaded, Offline Statutory Forms Utility will be available soon. CORRECTION – STATUTORY FORMS if less than 100 than to be filled online, otherwise EXCEL OFFLINE UTILITY NEED to fill & than Uploaded, Offline Statutory Forms Utility will be available soon. CORRECTION – STATUTORY FORMS if less than 100 than to be filled online, otherwise EXCEL OFFLINE UTILITY NEED to fill & than Uploaded, Offline Statutory Forms Utility will be available soon. CORRECTION – STATUTORY FORMS if less than 100 than to be filled online, otherwise EXCEL OFFLINE UTILITY NEED to fill & than Uploaded, Offline Statutory Forms Utility will be available soon. MUST WATCH till END for the SUMMARY of ALL d POINTS which NEED to FILL MUST WATCH till END for the SUMMARY of ALL d POINTS which NEED to FILL MUST WATCH till END for the SUMMARY of ALL d POINTS which NEED to FILL

100 thoughts on “LIVE GST TRAN 1 DEMO ONLINE, carry forward of Inputs (existing law) to GST,*

  1. LIST OF EXPS. AGSINT WHICH EXPS. GST APPLICABLE OR NOT
    S.NO. PARTICULARS HSN Code CGST SGST IGST
    A GENERAL & ADMINISTRATION EXPENSES Rate (%) Rate(%) Rate(%)
    1 Advertisement
    2 Paper & Periodicals
    3 Computer Expenses
    4 Electricity & Water Charges
    5 General Expenses
    6 Legal Expenses
    7 Maintenance Expenses
    8 Office Rent
    9 Postage & Telegram Expenses
    10 Printing & Stationary Exps
    11 Entertainment Expenses
    12 Pol To Officer Car
    13 Pol To Gen Set
    14 Rates & Taxes
    15 Staff Welfare
    16 Telephone/Teles/Fax
    17 Watch & Ward Expenses
    18 Maintenance Of A/C Books
    B REPAIR & MAINTENANCE OF
    1 Officer Vehicle Cfs
    2 Furniture & Fixture
    3 Godowns & Building
    4 Computers
    5 Weighbridge
    C SALARY & PERKS EXPS.
    1 Salary To Staff
    2 TA To Staff
    3 Gratuity To Staff
    4 Leave Encashment To Staff
    5 Medical Reimbrusement Exps.
    6 Liveries To Staff
    D F/G TRADING EXPS. (WHEAT)
    1 Weightment Charges for Specials
    2 Loading Charges for Specials
    3 Changrai for Specials
    4 Cartage for Specoials
    5 Godown Rent
    6 Fumigation Labour Charges / Fumigants Charges
    7 Salary To Watch & Ward
    8 Incidental Bardana Charges
    9 Transportation Of Bardana / Fumigation / Crates
    10 Handling Charges of Stock Articles
    11 Repair of Stock Article
    12 Recbagging and Restacking Exps.
    13 Loading / Unloading / Cartage / Transportation Charges for shifting
    14 Property Tax Godown
    E F/G TRADING EXPS. (PADDY)
    1 Milling Charges
    2 Driage Charges
    3 Storage Charges
    4 Rent of Crates
    5 Bardana Handling Charges
    6 Stock Articles Handling Charges
    7 Videogaphy of Rice Mills
    8 Taxi Charges of Technical Officer

    Please the GST Rate & HSN Code on above list of Exps. at my personal E-mail ID [email protected]

  2. Sir please tell if Tax liability on pending forms is excess then Vat input then how to show in trans 1 and then input available or not and if we received forms after filing tran 1 form then how to input claim?

  3. trans 1 form submitting now leaving some form c not yet received , when that will be submitted later on , or is it possible to resubmit form c further that are not receipted as on date , otherwise lose handsome amount of ITC due to non submission of form c , please be advised

  4. sir agar kisine fresh registration liya hai jo phle tax me register nahi tha. to kya usae bhi tran 1 bharna hoga

  5. I have excess payment in VAT. It also reflect in last VAT Return. Now my question is, in which section I will show that amount in GST TRAN 1.

  6. If we don't have any tax paid invoice then we have to select NO and should we put zero in eligible duty paid column?

  7. Whether we have to mention the excise amount of the goods in transit in column eligible duty paid ( central tax) under 7(b)

  8. kya mobile e top par gst aplicable hai mera turn over 1 crore tak hai main is ko show karna hai apne gst return mein

  9. Sir. I fill the form and submited but not fill the stock figure so can i clam vat input or what can i do??

    Can i face the problem??

  10. Sir i am registered vat dealer.No vat input is carried forward on 30th june.No stock in transit. I have all invoices with vat but no excise duty mention on it.please tell me which section i have to fill in trans 1 and trans 2.?

  11. Dear Sir Good Noon
    First of all thanks to guide us through video on TRAN 1

    My Question is
    I have purchased raw material from Maharashtra
    Party generated invoice as on 30/06/2017
    I have received raw material as on 09/07/2017
    I have filed my excise ER1 as on 08/07/2017

    than how i can CENVAT credit on this raw materials.

    Can i fill invoice details in 7(b) of Transition 1 form ?
    or any other adjustment

    please guide me

  12. Sir,
    We have submitted all the VAT returns till June 2017 and availed all the ITCs available to us on VAT purchase.
    Do we have to submit TRANS I and III if we don't intent to avail credits on excise duty paid while purchasing INTERSTATE and local purchase for which we didn't get EXCISE MODVAT invoice. If YES, what is the last date of submission?
    Regards,
    [email protected]

  13. Sir, I have CENVAT Credit of Rs. 402000/- which I had shown in my last Service Tax return. Now I am trying to fill TRAN1 for avail this credit. But when I fill the TRAN1, it shows invalid Service Tax registration no. pl help what I do

  14. SIR I HAVE STOCK OF ARECA NUT DURING THE VAT PERIOD AND PURCHASED FROM UNREGISTERED DEALER UP TO PERIOD 30.06.2017 . NOW, I WANT SALE THE SAID STOCK DUIRING THE GST PERIOD .SO I HAVE TO PAY ANY REVERSE CHARGE OF STOCK AND I HAVE TO FILL UP ANY TRAN ONE FORM.

  15. I am selling goods which were exempted under Excise and VAT. But Taxable in GST. Now which TABLE is relevent for me ?

  16. thanks sir..
    one more doubts.. we have purchased (impored) a machine which Bill of Entry dates is 30 June 2017 but we could not claim it's duty amount in ER-1 return for the m/o June 2017 then how can we take excise duty amount in gst regime while filling TRAN-1 ??? (Table no and it's section no )

    transituonal provisions are allowed for capital goods or its only for input materials???
    regards
    HARINDER Kumar

  17. we are registered in excise as dealer & importer,, we have stock with excise &sad paid ,will claim in gst as ITc hume stock ki details 7a,b,c,ya d mei fill karni ?aur kuch stock hei jismei koi credit nhi hei to uss stock ka details kaha fill karna,,,
    vat carry forward nhi hei to kya "c" form ki details deni , aur jo forms pending hei woh details deni ?,, please guide sir

  18. Dear Sir,
    Your Video was very helpful to us in preparing GST TRAN 1. We want to know what is this Number in case of 7(C). Please reply. Thank you again for such important video.

  19. I have to take input of within the state vat paid and closing stock as on 30th June both. We don't have any c-form matter involved. Which all heads we need to fill for Vat excess showing in return and second of closing stock.

    Is there any other thing we need to fill, We have Vat paid Invoives. Before it was 6% not Gst is 12%.

  20. Sir can u tell how a retailer fill this return ( i sell good to customers only so i fill b2c small )( like consolidate wise like all the 5% sale in one row , 18% in one row,12% in one row) or i will upload each n every invoice. …please clear my dout. [2 problem is that which returns is mandatory to fill in this template for retailers b2c small like summery details n hsn wise code all are mandatory to fill by small retailer….. hope u understand clear my doubts….please reply as soon as possible

  21. With regards to filing of TRAN1, There is little doubt that most CAs and Consultants have very diverse views on the various tables and how/where to fill the various datas in the TRAN1. Various YouTube channels have only added to the confusion. This has led to thorough confusion amongst most traders; one reason why many registered members havent yet applied to transitional ITC.

    I find that you have, by far, been the most accurate.

    Pankaj Jaju, Goa

  22. SIR I HAVE STOCK OF ARECA NUT DURING THE VAT PERIOD AND PURCHASED FROM UNREGISTERED DEALER UP TO PERIOD 30.06.2017 . NOW, I WANT SALE THE SAID STOCK DUIRING THE GST PERIOD .SO I HAVE TO PAY ANY REVERSE CHARGE OF STOCK AND I HAVE TO FILL UP ANY TRAN ONE FORM.

    waiting for ypur answer

  23. Sir i have one confusion, we have s client who is a first stage dealer. He has few invoices of excise of which we will claim in point 7 A.
    But he has few invoices in which only vat amount is there, which are purchased from a trader and few with CST. Is point 7 B to be filled for such invoices or It is to be filled by those who have lost invoices? Please help. Will My client get 60% of central tax for these vat paid invoices

  24. good morning sir. Sir we are a registered retailer shop owner and we have business only one state. we have no liabilities of form C , H and any other. i have sell and purchase only vat goods from my Owen state. sir please tell me which part of tran – 1 form we should have fill and submit. G S Negi from Dehradun e mail [email protected] mob 9358485730

  25. excellent video sir but i have one query , the registered dealer in excise and custom, how they take their input credit which they paid on custom and excise.. please must reply sir…

  26. persons covered under section 140(5) , where do they file the details of ITC credit on good in transit as on 30 june 2017 in form TRAN 1.??? please advice …

  27. sir
    I have non excise invoice stock available as 30.6.17
    where to be filled stock details of non excise item in trans 1 ,invoice copy available
    2- local purchase stock details kaha bharenge
    pls tell me asap

  28. Sir my firm was registered under DVAT and now migrated to GST ( tax rate being same as 5%). Only local purchases and sales, no excise and central purchases. I don't have any ITC carried forward to claim but I have closing stock on 1 July,17 with VAT invoices. Which column (from 7a to 7d) under Tran-1 do I need to fill for claiming input tax on closing stock?

  29. Sir we have a stock which is exicseablw but we donot have a evidence of central excise duty (duty not shown in bill). If we select NO (where duty paid invoices are available) in 7(a) then what amount we have to enter in eligible duites??

  30. sir, i m registered under excise as a trader & importer , cenvat & cvd ,sad Where i have to claim under ? 5a or 7a?

  31. MY QUERY IS ON 7 (a)

    on ELIGIBLE DUTIES PAID ON SUCH INPUTS column (IF EXCISE INVOICE IS AVAILABLE)
    which amount we have to fill – 1) EXCISE DUTY+ VAT, 2) ONLY EXCISE DUTY

    on ELIGIBLE DUTIES PAID ON SUCH INPUTS column (IF EXCISE INVOICE IS NOT AVAILABLE
    which amount we have to fill- 1) vat, 2) nil (0)

    what to fill in value ? 1) total invoice including taxes ?, 2) total invoice value excluding taxes

  32. Sir, dealer is having vat ITC as on 30th June, Rs.3927/-. TRAN 1 which column to be filled ?
    Case 2: Works Contractor has TDS as on 30th June where to show and fill up in TRAN 1.

  33. sir what is "CENVAT Credit admissible as ITC of central tax in accordance with transitional provisions" how to enter this details? pl. reply its very urgent.

  34. Dear Mam,
    M reg under VAT as well as Excise
    We sold both VATABLE as well as ECISABLE goods
    Now My question is
    I have some VATABLE stock( Excise is not separately mentioned)
    Can I get DEEMED credit 60/40
    Plz asap

  35. sir, in offline tools excel templet has detail of exampt goods in table no 8 and detail of document issued in table no 13 but the offline app doesn;t have that 2 table. what can we do

  36. maine material kisi importer se commercial invoice (vat invoice) par kharida tha toh kya usme se 30 june ko bacha hua stock par muje custom cvd+sad duty ka input credit milega jo ki usne pay ki thi aur apni cost me add kar liya tha ??….p k jain

  37. I WAS NOT REGISTERED UNDER ANY LAW NOW I AM UNDER GST , WILL I HAVE TO SAY YES FOR RETURNS FILLED FOR ALL 6 MONTHS OR I SAY NO

  38. Sir, Tran-1 ke 7(a) ke value wale column me konsa figure dalna he?
    mere paas Excise paid invoices available he jisme sale value v he or assessable value v mention he, to konsi value likhani he

  39. Namaste Divyanshu Ji ~ Very lucidly explained ~ We are dealing in Ready Made Garments. We have excise invoices of supplies wherein duty paid is charged at 2%. Are we eligible to claim credit in Trans 1. Thanking you in advance.

  40. sir,
    I have paid BIS service invoice. in june'17  but not taken input credit of service tax as I have no invoice, I had get the invoice after excise return filing so i did show in return
    now how can I get credit of service tax & where I have show to it in trans 1

  41. hello Sir. Do I need to disclose stock summary if I was already registered in VAT Act and I have 1 lakh excess of Vat Input.

  42. DEAR SIR, MINE TRAN 1 FORM BARIDYA HAI 7 SEPT 17, MAGAR AUGUST MONTH KA OUTPUT LIABILITY ADJUSTMENT KARSAKTA HAI JO TRAN 1 FORM ITC (FROM MUMBAI/MR.SATYA/ACCOUNTANT)

  43. SIR,
    WE WERE FIRST STAGE DEALER AND HOLDING EXCISE PAID STOCK AS ON 30.06.2017.WE HAVE DUTY PAID INVOICES OF SUCH CLOSING STOCK.ALL OUR PURCHASE WAS INTERSTATE HENCE NO ANY CARRYFORWARD INPUT VAT CREDIT.
    PLEASE ADVICE WHERE TO SHOW ABOVE STOCK IN TRANS 1 AND ALSO ADVICE WHETHER WE HAVE TO SHOW THOSE C FORMS WHICH ARE NOT YET COLLECTED FROM BUYERS.

  44. Good evening sir I am an importer of industrial sewing machines i had heavy stocks on 30th june. which segment of TRANS 1 will be applicable for me. More over please suggest me a reliable person in gujarat who can help me regarding the filing of trans 1 as my tax consultant is unaware about the procedure of TRANS 1. PLEASE HELP.

  45. Sir, I am a tiles dealer, Maine GST lagu hone se pehle kuch material c- form ke through purchase keya Tha or Kuch material local vat pay karke, so muhje kya point 5 fill karna hoga ? to avail 12.5 % exice duty of remaining stock which I already paid to manufacturer or only point 7 fill Kar hai or both. Second sir, Jis material par mene vat 14.5% already pay kar deya Hai on point of purchase (before GST) uska credit avail karne ke let konsa form bharna Hai point 5 or 7 or both

  46. Dear Sir , I want to take only input tax credit of Duty Paid invoices . i have no Vat Credit in Existing law . Is 7a is sufficient to fill to take Duty as input credit in credit ledger . and second question is. If I claim Only duty paid invoices . Should i Fill Tran 2 also for Six Months. I am a Trader registered in Vat not in Exise . I have no input Credit in existing law on 30.06.2017. is another form is necessary for me.

  47. we are manufacturer registered under excise and service tax. we have paid service tax under RCM in july 2017 for the month June 2017. As per CCR 2004 rule 3(7) allowed cenvat credit on RCM services after payment of tax. we paid S. tax in july 2017. We also file all return as per existing law. under section 140 Transitional provision cenvat credit carry forward if it shown as closing as on 30th june 2017. under the circumstances can we eligible for credit or carry forward the same in GST, please provide your opinion. or can we file refund claim?

  48. In statutory forms C/H/I forms received by way of Sales is to be considered right.
    C forms recieved from purchaser.

  49. SIR MAINE CST PAY KRKE MALL KHRIDA WO MALL MAINE HARYANA ME VAT PAY KRNA THA.PR SALE NA HONE KA KARN VO 30.6.17
    KO BACH GYA .AB MUJKO US PR CGST AND SGST PAY KRNA HAI.KYA MUJHE B TRAN FARM BHARNA PDEGA

  50. Sir 30 june ko jo remaining stock h jiski itc 30 june se phle le chuke hn
    Abi composition scheme me aa gye hn to ky is stock pr itc reverse krna pdega??
    And process ky hogi..

  51. Query related to GST TRAN – 1
    A regular dealer of VAT is a distributor of FMCG Company.
    As on 31.06.17 he have around 300 items (skus) for which he wants to avail the deemed credit.
    Now in TRAN1 – Table 7a the term mentioned is:
    Value of such stock along with Eligible Duties paid on such inputs.
    Which Value & which duty is to be filled!
    Please guide how shall I proceed in such scenario.

  52. डिअर सर आपका Trans 1 काफी अच्छा एवं महत्वपूर्ण है हमने आज ही इसको देखा है ऐसा बनाने के लिये आपका धन्यबाद |
    इसमें कुछ सबाल आपसे है मैं एक ट्रेडर हूँ और वैट में भी रजिस्टर्ड था और GST में भी रजिस्टर्ड हूँ सिर्फ लोकल खरीद बिक्री करता हूँ मुझे जो डीम्‍ड क्रेडिट 20% मिलना है जिसको फॉर्म 5A में दिखाया जायेगा लेकिन 5A में तो सेंट्रल रजिस्ट्रेशन मांग रहे है रजिस्ट्रेशन Uunder Existing Law ( Central Excise & Service Law) ही मांग है,i जबकि मै सिर्फ स्टेट में ही रजिस्टर्ड था एवं तब उसमे CGST कैसे क्लेम करेंगे |
    तथा जून माह की ITC फॉर्म- 5C Claim करेंगे एवं 7A एवं में HSN Wise जिसमे Invoice Not Avilabe करके दिखया जायेगा तथा 7C में Vat Tax Paid वाली Value दिखाया जाना लेकिन इसमें SGST/UTGST Admissible करके मांग रहे है|
    2. मुझे फॉर्म 5A – 5C एवं 7A एवं 7c दोनों भरना होगा क्या ? | क्यूंकि कुछ ITC Vat की जून माह की भी बाकी निकल रही है उसको तो 5C में तथा जो डीम्‍ड क्रेडिट है उसको 5A में भरना होगा|
    कृपया आप हमारा यह Quiton बताये तथा आपकी Trans 1 Sheet में जोड़ नहीं हो रहा है उसको किस फार्मूले से करेंगे यह भी बताने की व्वयस्था करे |
    धन्यवाद
    C P Bajpai 9453094094 EMail :- [email protected]

  53. Hello Sir ………….. I have VAT credit of Rs.5 Lakhs and I am supposed to receive C forms of worth Rs 10,00,000 Ten Lakhs (Invoices Worth: 2,00,00,000 i,e…Two crores)……… Guide me in this case as it is not showing the negative balance in the Tran 1……When I am filling Credit available column and payable column

  54. Dear sir please clarify that I have purchase some locks for drawer and shutters in my business can I claim input tax credit on this capital asset purchase

Leave a Reply

Your email address will not be published. Required fields are marked *