Treatment of VAT & CST Security Deposits Made to VAT Department – Can Credit be Claimed in TRAN-1?

Question:- What is going 2 happen to d 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??

Reply:- It will be refunded by vat department only. Contact the concerned jurisdictional officer.

CA Ankit Gulgulia (Jain) | +91-9811653975

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RITESH PATEL
RITESH PATEL
5 years ago

I HAVE CLAIM VAT TAX DEPOSITE IN TRANS-1 AT THE TIME OF MIGRATION. HOW CAN I REVERSE CREDIT IN TRANS-1. I HAVE CANCELED GST REGISTRATION