Transition Credit

what is transition Credit in Gstr 9
Replies (3)
Quick Summary
Transition credit in GSTR 9 refers to tax credits carried forward from the old tax regime to the GST regime, typically filed via Tran 1. For FY 18-19, if transition credit is auto-populating, it might be due to portal glitches. It's advisable to wait for updates rather than proceeding with potentially inaccurate data.

Transition credit means any credit which is being carry forward from old tax regime to GST Regime.
Ie , Taxpayer who have Filed Tran 1
Ohh ok.. but fy 18-19 is there possibility that transition? because it's auto populate in gstr9

YES ....ITS PORTAL GLITCHES, AS NOT BEING UPDATED.

SO AVOID & BETTER TO WAIT FOR UPDATED

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