India: Guidance on filing GST transitional credit forms
GST network common portal will be open from 1 October 2022 through 30 November 2022.
GST network common portal will be open from 1 October 2022 to 30 November 2022.
The Central Board of Indirect Taxes and Customs (CBIC) issued guidance for filing or revising goods and services tax (GST) transitional credit forms (Form GST TRAN-1 and TRAN-2) on the GST network common portal.
The portal will be open from 1 October 2022 to 30 November 2022 for such filings. The tax authority has 90 days after submission to verify the accuracy of the claim and pass the appropriate order. Any transitional credit will then be reflected in the electronic credit ledger.
Read a September 2022 report [PDF 379 KB] prepared by the KPMG member firm in India
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