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TMI BlogTran-1 revisionX X X X Extracts X X X X X X X X Extracts X X X X ..... Sir, I have filed tran-1 in December,2018 but we have claimed short credit of excise available as per Er-1 . Now how can claim balance credit. Can Gst council would allow revision in tran-1 in fuuret or can we ask refund to excise department. Please suggest. - Reply By Yash Jain - The Reply = Dear Sir, The GST Wing has started audit for Trans 1 and have in most cases completed t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he audit. The audit is based on the invoice details as being uploaded from Trans 1 . Already trans 1 has been opened for revision previously The possibility for opening of Trans 1 is very much remote reason : Already allocation for taxes bases on trans 1 has happned between centre and stated based on filed trans 1 . Hence it is quite remote that trans 1 can be reopened as the Go ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vernment has already notified due date for Filing of GSTR 9 (Annual Return), there by restricting any further tax availment In previous regime of tax laws. However you can approach Court (Vide SLP) to reopen trans 1 , provided you have strong grounds, i.e system failure, form being technical in nature and allied. Comments from esteemed members highly solicited. - Reply By Ganeshan Kalya ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ni - The Reply = Bit challenging to get refund. - Tran-1 revision - Query Started By: - manish raghuwanshi Dated:- 28-9-2018 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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