Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

TRAN-1 AND SUPREMECOURT GUIDLINES

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... respected sir, During transition period in 2017 some dealers could not claim their rightful and genuine transitional credit due to ignorance of law. In the light of supreme court advice in to government respect of 'transitional credit whether he is eligible to file TRAN-1 .please discuss. once again i reiterate no attempts were made to file TRAN-1 (whether electronically or physically) .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... thanking you. - Reply By Rajagopalan Ranganathan - The Reply = Sir, Supreme Court's order is advisory in nature. Government has to issue necessary instructions to re-open GSTN portal to file Trans-1 or Trans-2 returns afresh. The instruction is to be issued to GSTN and then they will announce regarding filing of Trans-1 or Trans 2 returns afresh. - Reply By giri gattupalli .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... - The Reply = thank you for your kind response. and i like to keep this query open. please share opinions thanking you - Reply By KASTURI SETHI - The Reply = In my view, TRANS-1 can be filed when Common Portal System is reopened for two months. Those who could not file TRANS-1 by any reason will also fall under the category of 'Aggrieved Person' m entioned in the Order dated 22.7. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 22 of the Supreme Court in the case of UOI ANR Vs. Filco Trade Centre Pvt. Ltd. ANR - 2022 (7) TMI 1232 - SC ORDER In my view, it is direct Order of Supreme Court to GSTN. - Reply By KASTURI SETHI - The Reply = Also see the legal meaning of the phrase 'aggrieved person'. - Reply By giri gattupalli - The Reply = thank you sir for your valuable opinion. - Reply By GULF O .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... IL - The Reply = Dear Sirs, Kindly confirm, whether we can claim Transitional credit in Tran-1 on RCM liability paid during 2018-19 during the course of EA2000 Audit. Thanking you - TRAN-1 AND SUPREMECOURT GUIDLINES - Query Started By: - giri gattupalli Dated:- 23-7-2022 Goods and Services Tax - GST - Got 6 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates