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Businesses can now make changes to GST transition claim forms: GSTN

F acility to revise TRAN-1 declaration has been enabled for taxpayers who had already filed it

Press Trust of India  |  New Delhi 

GST, Tax

Network on Friday said businesses can now make changes to the forms uploaded to the portal to claim transition credit.

"The facility to revise Form TRAN-1 declaration has been introduced on the Portal for taxpayers who had already filed it prior to November 9, 2017," said in a statement.


Form TRAN-1 declaration is to be filed by persons registered under who wish to claim credit for taxes paid under the pre-regime.

The functionality to fill the claim form was provided on the portal in August 2017.

The in September allowed for one-time revision of TRAN-1.

The facility to revise TRAN-1 declaration has been enabled for taxpayers who had already filed it, said GSTN, the company which developed the IT backbone for the new indirect regime.

Revision can be either an increase or decrease of credit in comparison to the original credit.

If the revision is to reduce the credit claimed previously then the taxpayer will be able to file only if he has sufficient balance in his credit ledger," said.

First Published: Fri, November 10 2017. 15:02 IST
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