India: Guidance on filing GST transitional credit forms

GST network common portal will be open from 1 October 2022 through 30 November 2022.

GST network common portal will be open from 1 October 2022 to 30 November 2022.

The Central Board of Indirect Taxes and Customs (CBIC) issued guidance for filing or revising goods and services tax (GST) transitional credit forms (Form GST TRAN-1 and TRAN-2) on the GST network common portal.

The portal will be open from 1 October 2022 to 30 November 2022 for such filings. The tax authority has 90 days after submission to verify the accuracy of the claim and pass the appropriate order. Any transitional credit will then be reflected in the electronic credit ledger.

Read a September 2022 report [PDF 379 KB] prepared by the KPMG member firm in India


The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.