Revision facility enabled for Form GST Tran-1

Categories: GST Recent News
No Comments

Revision of TRAN-1 has been enabled on GSTN. On opening the TRAN-1 field one can see the ‘Re-open’ tab which has been added. This tab is available for only those users who have either submitted or filed TRAN-1 previously.

Revision of said Form results in downward credit, taxable should be able to revise and file only if there is sufficient balance in credit ledger; Said functionality for taxpayers filing TRAN-1 for the first time on or after November 9 shall be enabled shortly

Instruction in regard to revision are appearing under the ‘Help Notes’ tab on the top right corner.