Trans -1
This query is : Resolved
19 September 2017
Input credit carry forward in Tarns - 1 is based on original return filing or Revised returns filed before the time lines given by the department. Can you please suggest.
19 September 2017
It is on the basis of revised return you are to
19 September 2017
cont....
to file Tran 1
19 September 2017
can you send me the section
02 August 2025
Regarding **Input Credit carry forward in TRAN-1 and whether it is based on original or revised returns**, here’s the clarification:
---
### Input Credit in TRAN-1: Original vs Revised Returns
* The **input tax credit (ITC) to be carried forward in TRAN-1** is to be **claimed based on the returns filed (including revised returns) up to the prescribed cutoff date** notified by the department for transition to GST.
* **If you have filed revised returns before the deadline**, the **closing balances and input credits as per the latest revised returns** should be considered while filling TRAN-1.
* The **department recognizes the last valid return filed (original or revised) within the specified timeline** for the purpose of transitional credit.
---
### Legal Reference
* The relevant provision for transition credit and filing of TRAN-1 is provided under **Rule 117 of CGST Rules, 2017** (earlier under the Model GST Law).
* **Rule 117(3)** specifies that the credit available as per returns furnished up to the appointed date shall be carried forward.
* Therefore, **revised returns filed within the prescribed timeline** will supersede the original returns for calculating credit eligible in TRAN-1.
---
### Summary
| Filing Type | Effect on TRAN-1 Credit Carry Forward |
| ----------------------------- | ------------------------------------------------ |
| Original Returns Only | Credit as per original returns will be used |
| Revised Returns Filed on time | Credit as per revised returns will be considered |
| Revised Returns Filed Late | May not be considered for transitional credit |
---
If you want, I can help you with the exact wording from the rules or draft a note for your records. Would you like that?
---
### Input Credit in TRAN-1: Original vs Revised Returns
* The **input tax credit (ITC) to be carried forward in TRAN-1** is to be **claimed based on the returns filed (including revised returns) up to the prescribed cutoff date** notified by the department for transition to GST.
* **If you have filed revised returns before the deadline**, the **closing balances and input credits as per the latest revised returns** should be considered while filling TRAN-1.
* The **department recognizes the last valid return filed (original or revised) within the specified timeline** for the purpose of transitional credit.
---
### Legal Reference
* The relevant provision for transition credit and filing of TRAN-1 is provided under **Rule 117 of CGST Rules, 2017** (earlier under the Model GST Law).
* **Rule 117(3)** specifies that the credit available as per returns furnished up to the appointed date shall be carried forward.
* Therefore, **revised returns filed within the prescribed timeline** will supersede the original returns for calculating credit eligible in TRAN-1.
---
### Summary
| Filing Type | Effect on TRAN-1 Credit Carry Forward |
| ----------------------------- | ------------------------------------------------ |
| Original Returns Only | Credit as per original returns will be used |
| Revised Returns Filed on time | Credit as per revised returns will be considered |
| Revised Returns Filed Late | May not be considered for transitional credit |
---
If you want, I can help you with the exact wording from the rules or draft a note for your records. Would you like that?
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