Filing of TRAN-1 re-opened for Taxpayers till 31st January 2019


September 18, 2018


A good news for the taxpayers who were not able to file GST TRAN-1 on time due to some technical issues can now file TRAN 1 as the option has arrived at GST portal. The Central Government has again opened the filing of GST TRAN-1 particularly to the taxpayers who couldn’t file their returns timely.

Some of the minor changes have been applied by the Central Government under the Central Goods and Services Rules, 2017. On the same day, the Government has announced the notifications regarding the changes.

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As per the official notification announced by the Government, “Notwithstanding anything contained in sub-rule (1), the Commissioner may, on the recommendations of the Council, extend the date for submitting the declaration electronically in FORM GST TRAN-1 by a further period not beyond 31st January 2019, in respect of registered persons who could not submit the said declaration by the due date on account of technical difficulties on the common portal and in respect of whom the Council has made a recommendation for such extension.”

It is defined under Rule 117 of the Central Goods and Services Tax Rules, 2017 that each and every person who is registered under the CGST Act is entitled to avail input tax credit under section 140 only during the ninety days of the appointed day. A registered person is entitled to submit FORM GST TRAN-1 Electronically which is duly signed and declared that all the details mentioned in the form are true and are mentioned for the specific reason. Separately, the amount of input tax credit of eligible duties and taxes are defined under Explanation 2 to section 140 which the registered person is entitled to avail it.

Click Here to Read Full Notification


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