Procedure/Guidelines for filing/revising TRAN-1/TRAN-2

Last updated: 16 September 2022

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This article outlines the procedure and guidelines for filing or revising TRAN-1 and TRAN-2 forms, following a Supreme Court order. The GSTN portal will be open for these filings and revisions from October 1st to November 30th, 2022. A self-certified copy must be submitted to your tax officer within 7 days of filing on the portal.

Procedure/Guidelines for filing/revising TRAN-1/TRAN-2 Vide Circular 180/12/2022 Dated 9th September 2022

The article contains the procedure/guideline for filing/revising TRAN-1/TRAN-2 in terms of order of Hon'ble Supreme Court in the case of Union of India vs. Filco Trade Centre Pvt. Ltd. Vide Circular 180/12/2022 Dated 9th September 2022.

File and Revise TRAN-1/TRAN-2: Guidelines and Deadlines

The facility for filing / revising TRAN-1/TRAN-2 on the common portal will be made available by GSTN from 01st October 2022 to 30th November 2022.
A self-certified downloaded copy of the TRAN-1/TRAN-2 to be submitted along with declaration in Annexure 'A' to the jurisdictional tax officer within 7 days of filing of declaration in FORM TRAN-1/TRAN-2 on the common portal.
Applicant can edit the details in FORM TRAN-1/ TRAN-2 on the common portal only before clicking the - Submit button on the portal.
The transitional credit will be reflected in the ECL of the applicant on the common portal on the basis of order passed by Jurisdictional tax officer.
No claim for transitional credit in respect of such Forms C/ F/ H & I issued after the due date i.e., 27th December 2017.
Claim in FORM GST TRAN-2, shall be filed in one consolidated FORM GST TRAN2, instead of filing the claim tax period wise.
It is a one-time opportunity for the applicant to either file the said forms, if not filed earlier / to revise the forms earlier filed.
Where the credit availed by the registered person on the basis of FORM GST TRAN1/TRAN-2 filed earlier, has either wholly/ partly been rejected by the proper officer, the appropriate remedy is to prefer an appeal against the said order / to pursue alternative remedies available as per law.

Disclaimer: The contents of this article are solely for informational purpose. It does not constitute professional advice or a formal recommendation. No part of this article should be distributed or copied without express written permission of the author.