For claiming the excise input I submitted in tran 1 , 7 d. But till today we have not received any tax credit. For what purpose tran 2 has to be filed.
1 Replies
Vinod Babu
(24196 Points)
Replied 08 June 2018
Have you filed it before due date.
To help businesses transition smoothly and carry forward their input tax credit, the CBEC has released 2 transition forms called TRAN 1 and TRAN 2.
TRAN 1Registered persons under GST, may be registered or unregistered under old regimeThose registering under GST as composition dealer27th December 2017 **
TRAN 2Registered persons under GST but unregistered or under old regime
A dealer or trader who does not have documents of duty paid A manufacturer registered under excise
A service provider registered under service tax Monthly from July 2017 to December 2017
Note: TRAN 1 can be revised only once.
Latest Update!
Filing of TRAN-2 has been extended from 31st March 2018 to 30th June 2018
To help businesses transition smoothly and carry forward their input tax credit, the CBEC has released 2 transition forms called TRAN 1 and TRAN 2.
TRAN 1Registered persons under GST, may be registered or unregistered under old regimeThose registering under GST as composition dealer27th December 2017 **
TRAN 2Registered persons under GST but unregistered or under old regime
A dealer or trader who does not have documents of duty paid A manufacturer registered under excise
A service provider registered under service tax Monthly from July 2017 to December 2017
Note: TRAN 1 can be revised only once.
Latest Update!
Filing of TRAN-2 has been extended from 31st March 2018 to 30th June 2018
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