Is form Trans 1 to be filed mandatory even though there is no ITC to be carried forward in my Sales Tax Return?

Is form Trans 1 to be filed mandatory even though there is no ITC to be carried forward in my Sales Tax Return. Please give the reference for the same.

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1 Answer(s)

Form TR-1 is for carrying forward the ITC and stock details of the company if you have no credit and if you have stock avilability then you have to just mention the stock details in it. and both not then no requirement of tr-1.

Answered on June 29, 2017.
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Gen GST