Supreme Court Allows 2-Months Extra Window For Availing Transitional Credit; Directs GSTN To Open Portal For TRAN-1/TRAN-2 Forms
In a relief to several assessees who missed the statutory deadline, the Supreme Court has directed the Goods and Services Tax Network to allow a 2-month additional window from September 1, 2022 to October 31, 2022 for claiming Transitional Credit.TRAN-1 and TRAN-forms were brought to allow assessees to carry forward pre-GST credits to the GST system. In a relief to several assessees who missed the statutory deadline, the Supreme Court has directed the Goods and Services Tax Network to allow a 2-month additional window from September 1, 2022 to October 31, 2022 for claiming Transitional Credit. Goods and Service Tax Network is directed to open common portal for filing concerned forms for availing Transitional Credit through TRAN-1 and TRAN-2 for two months i.e. Citation : 2022 LiveLaw 628 Headnotes Goods and Services Tax -Supreme Court allows 2-months additional window from September 1, 2022 to October 31, 2022 to claim transitional credit- directions issued.
Discover Related
Indirect Tax Quarterly Digest: January - March, 2025
Is a revamped GST 2.0 on the cards? | Explained
Review GST framework: PAC suggestion to finance ministry
Delay Of Two Days In Issuing GST Notice Can't Be Condoned: Andhra Pradesh High Court
Big Brother watching: Optional GST invoice reconciliation to be made mandatory
Supreme Court Transfers Petitions Challenging CLAT 2025 Results To Delhi High Court
CBIC notifies rules for entities to get Temporary Identification Number under GST
Input tax credit: GSTR-2B statement delayed by 2 days, use recompute option
CUET PG 2025 registration begins on exams.nta.ac.in, here's how to apply
GUJCET 2025 registration deadline extended to January 7
GUJCET 2025 registration date extended till January 7, apply at gujcet.gseb.org
GST, visa charges and more: What will change in 2025?
Tax Weekly Round-Up [16th December - 22nd December 2024]