SEO Sai Gr. Hosp.
208915 Points
Joined July 2016
Actually, it is TRAN 1 Form, it is required to be filled in case the assessee wishes to take credits of the tax paid over the stock held as on 30.06.2017.
Read: "(1) Every registered person entitled to take credit of input tax under section 140 shall, within ninety days of the appointed day, submit a declaration electronically in FORM GST TRAN- 1, duly signed, on the Common Portal specifying therein, separately, the amount of input tax credit to which he is entitled under the provisions of the said section."