What will happen to VAT Security deposit after GST

By | December 5, 2017

What is going to happen to the VAT/TIN security deposits? Can I carry forward as SGST Credit in Trans – 1 as it was adjustable against d VAT Liability previously? Or I have to wait for refund window to claim refund?

Answer: The said amount may be claimed as refund under VAT laws.

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About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com

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