Transition Credit

Akshay Kale (131 Points)

02 April 2020

what is transition Credit in Gstr 9

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Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 02 April 2020

Transition credit means any credit which is being carry forward from old tax regime to GST Regime.
Ie , Taxpayer who have Filed Tran 1

Akshay Kale (131 Points)
Replied 02 April 2020

Ohh ok.. but fy 18-19 is there possibility that transition? because it's auto populate in gstr9

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 04 April 2020

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

SO AVOID & BETTER TO WAIT FOR UPDATED

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