Opening of GST Common Portal for filing transitional credit through Tran 1 and Tran 2 from 01/10/2022 to 30/11/2022 (2 months)

In case of UOI versus Filco Trade Centre Pvt Ltd bearing SLP (C) nos. 32709-32710/2018, Honorable Supreme Court directed GSTN to open the GST common Portal for availing Transitional Credit through TRAN-1 and TRAN-2. In order to comply with the Order of Supreme Court, GSTN would open the common portal for filing transitional credit through TRAN-1 and TRAN-2 w.e.f. 01/10/2022 to 30/11/2022.

CBIC vide Circular No. 180/12/2022-GST dated 09-09-2022 clarified that the applicant may  file declaration  in  FORM  GST TRAN-1/TRAN-2  or  revise  earlier filed  TRAN-1/TRAN-2  duly  signed  or  verified  through  electronic  verification  code on the common portal. In cases where the applicant is filing a revised TRAN-1/TRAN-2, a facility for downloading  the  TRAN-1/TRAN-2 furnished  earlier by  him will  be  made  available on  the common portal. Once the applicant files TRAN-1/TRAN-2 or revises the said forms filed earlier on the common portal, no further  opportunity  to  again  file  or revise TRAN-1/TRAN-2,  either  during  this period or subsequently, will be available to him. Thus, taxpayers are advised to file the relevant form and take the benefit of the facility provided by GSTN.