GST TRAN 1

Forms Required for Transition of Input Tax Credit are Tran 1 and Tran 2 The Form TRAN-1 needs to be filed by every person having closing stock registered under GST, regardless of whether they were registered under the pre-GST regime or not. The criteria for filing here is the presence of closing stock held as on 1st July, and need to claim ITC on this stock.