Supreme court final Ruling on all the pending Tran-1 Writ Petitions

 2,086 total views

Supreme court final Ruling on all the pending Tran-1 Writ Petitions 

 

The Supreme Court has finally decided the issue of Trans 1 Credit with following orders :

1. Gstn portal to open common portal for all assesses to claim transitional credit for 60 days from 01.09.2022 till 30.10.2022

2. All assesses can claim benefit whether they have filed Writ or not

3. GSTN to make sure no technical glitch during this time

4. 90 days given to officers therafter to verify the claim of credit on merits and pass appropriate order. Opportunity of hearing to be granted .

5. Thereafter credit to reflect in Electronic Credit Ledger

6. CbIc can issue directions to field officers

 

SC on filco trade

Leave a Comment

Your email address will not be published.

the taxtalk

online portal for tax news, update, judgment, article, circular, income tax, gst, notification Simplifying the tax and tax laws is the main motto of the team tax talk, solving