TRANS1 ITC

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If your TRANS1 ITC of Rs. 1,48,000 is not reflecting in your ITC ledger despite being filed in table 5(c), it's likely due to the updated TRANS1 procedure. Unlike previous filings, your ITC will only appear after the jurisdictional officer verifies your submission and issues an order. Remember to also submit the online declaration and a physical copy to the office within seven days of filing TRANS1, as per circular no 180.

DHAVAL

DHAVAL (Querist)
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01 December 2022 i have file trans1 as govt opened trans1 filing facility till 30/11/22

there was on VAT itc of Rs.1,48,000 which i have mentioned in table 5 (c) with VAT TIN No , but it not showing in ITC ledger

Is it happening with everyone or i have made mistake

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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01 December 2022 This time the TRAN-1 procedure is different from the earlier one. It will reflect only after verification by jurisdictional officer is complete and he issues an order for this. Also don't forget to submit declaration online and physical copy in office as per circular no 180 within seven days of filing TRAN-1.

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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