Form GST TRAN 1 -Transitional ITC / Stock Statement

By | June 10, 2017
(Last Updated On: July 20, 2017)

Form GST TRAN 1

[ For GST TRAN 1 See  Rule 117(1), Rule 118, Rule 119 & Rule 120 of CGST Rules 2017 ]

Transitional ITC / Stock Statement

[ Final GST TRAN 1 Form as per Final GST Transition Rules approved by GST Council 03.06.2017 ]

Download GST TRAN 1 in PDF

Copy and Print GST TRAN 1

1.GSTIN –
2.Legal name of the registered person –
3.Trade Name, if any –
4.Whether all the returns required under existing law for the period of six months immediately preceding the appointed date have been furnished:-Yes/No
5.Amount of tax credit carried forward in the return filed under existing laws:

(a) Amount of Cenvat credit carried forward to electronic credit ledger as central tax (Section 140(1) and Section 140(4)(a))

Sl. no.Registration no. under existing law (Central Excise and Service Tax)Tax period to which the last return filed under the existing law pertainsDate of filing of the return specified in Column no. 3Balance cenvat credit carried forward in the said last returnCenvat Credit admissible as ITC of central tax in accordance with transitional provisions
123456
Total

(b) Details of statutory forms received for which credit is being carried forward

Period: 1st Apr. 2015 to 30th June 2017

TIN of IssuerName of IssuerSr. No. of FormAmountApplicable VAT Rate
C-Form
Total
F-Form
Total
H/I-Form
Total

 

(c) Amount of tax credit carried forward to electronic credit ledger as State/UT Tax(For all registrations on the same PAN and in the same State)

Registration No. in existing lawBalance of ITC of VAT and [Entry Tax] in last returnC  FormsF FormsITC reversal relatable to [(3) and] (5)H/I FormsTransition ITC 2-(4+6-7+9)
Turnover for which forms PendingDifference tax payable on (3)Turnover for which forms PendingTax payable on (5)Turnover for which forms PendingTax payable on (7)
12345678910

6. Details of capitals goods for which unavailed credit has not been carried forward under existing law (section 140 (2)).

(a) Amount of unavailed cenvat credit in respect of capital goods carried forward to electronic credit ledger as central tax

Sr. no.Invoice /Document no.Invoice / document DateSupplier’s registration no. under existing lawRecipients’ registration no. under existing lawDetails of capital goods on which credit has been partially availedTotal eligible cenvat credit under existing lawTotal cenvat credit availed under existing lawTotal cenvat credit unavailed under existing law (admissible as ITC of central tax) (9-10)
ValueDuties and taxes paid
ED/CVDSAD
1234567891011
Total

(b) Amount of unavailed input tax credit carried forward to electronic credit ledger as State/UT tax (For all registrations on the same PAN and in the same State)

Sr. no.Invoice /Document no.Invoice / document DateSupplier’s registration no. under existing lawRecipients’ registration no. under existing lawDetails regarding capital goods on which credit is not availedTotal eligible VAT [and ET] credit under existing lawTotal VAT [and ET] credit availed under existing lawTotal VAT [and ET] credit unavailed under existing law (admissible as ITC of State/UT tax) (8-9)
ValueTaxes paid VAT [and ET]
12345678910
Total

7. Details of the inputs held in stock in terms of sections 140(3), 140(4)(b) and 140(6).

(a) Amount of duties and taxes on inputs claimed as credit excluding the credit claimed under Table 5(a) and 7(a)

Sr. no.Details of inputs held in stock or inputs contained in semi-finished or finished goods held in stock
HSN (at 6 digit level)UnitQty.ValueEligible Duties paid on such inputs
123456
7A Where duty paid invoices or any other document are available
Inputs
Inputs contained in semi-finished and finished goods
7B Where duty paid invoices are not available (Applicable only for person other than manufacturer or service provider) – Credit in terms of Rule 1 (4)
Inputs

(b) Amount of vat and entry Tax paid on inputs supported by invoices/documents evidencing payment of tax carried forward to electronic credit ledger as SGST/UTGST

Details of inputs in stockTotal input tax credit claimed under earlier lawTotal input tax credit related to exempt sales not claimed under earlier lawTotal Input tax credit admissible as SGST/UTGST
DescriptionUnitQty.ValueVAT [and Entry Tax] paid
12345678
Inputs
Inputs contained in semi-finished and finished goods

(c) Stock of goods not supported by invoices/documents evidencing payment of tax (credit in terms of rule 1 (4)) (To be there only in States having VAT at single point)

Details of inputs in stock
DescriptionUnitQty.ValueTax paid
12345

8. Details of transfer of cenvat credit for registered person having centralized registration under existing law (Section 140(8))

Sl. No.Registration no. under existing law (Centralized)Tax period to which the last return filed under the existing law pertainsDate of filing of the return specified in Column no. 3Balance eligible cenvat credit carried forward in the said last returnGSTIN of receivers (same PAN) of ITC CENTRAL TAXDistribution document invoiceITC of CENTRAL TAX transferred
No.Date
123456789
Total

9. Details of goods sent to job-worker and held in his stock on behalf of principal under section 141

a. Details of goods sent as principal to the job-worker under section 141

Sr. No.Challan No.Challan Date.Type of goods (inputs/semi-finished/finished)Details of goods with job-worker
HSNDescriptionUnitQuntityValue
12347891011
GSTIN of Job Worker, if available
Total

b. Details of goods held in stock as job-worker on behalf of the principal under section 141

Sr. No.Challan No.Challan DateType of goods (inputs/semi-finished/finished)Details of goods with job-worker
HSNDescriptionUnitQuntityValue
12347891011
GSTIN of Manufacturer
Total

10. Details of goods held in stock as agent on behalf of the principal under section 142 (14) of the SGST Act

a. Details of goods held as agent on behalf of the principal

Sr. No.GSTIN of PrincipalDetails of goods with Agent
DescriptionUnitQuantityValueInput Tax to be taken
123456

b. Details of goods held by the agent

Sr. No.GSTIN of PrincipalDetails of goods with Agent
DescriptionUnitQuantityValueInput Tax to be taken
123456

11. Details of credit availed in terms of Section 142 (11 (c ))

Sr. no. Registration No. of VATService Tax Registration No.Invoice/doc ument no.Invoice/ document dateTax PaidVAT paid Taken as SGST Credit or Service Tax paid as Central Tax Credit
1234567
Total

12. Details of goods sent on approval basis six months prior to the appointed day (section 142(12))

Sr. No.Document no.Document dateGSTIN no. of recipient, (if applicable)Name & address of recipientDetails of goods sent on approval basis
HSNDescriptionUnitQuantityValue
12345678910
Total

Verification (by authorized signatory)

I hereby solemnly affirm and declare that the information given hereinabove is true and correct to the best of my knowledge and belief and nothing has been concealed therefrom

Signature
PlaceName of Authorized Signatory ….……………………
Date
Designation /Status……………………………………

Form GST TRAN – 2

[ for GST TRAN 2 See Rule 117(4) of CGST rules 2017 ]

1. GSTIN –

2. Name of Taxable person –

3. Tax Period: month……. year………

4. Details of inputs held on stock on appointment date in respect of which he is not in possession of any invoice/document evidencing payment of tax carried forward to Electronic Credit ledger.

Opening stock for the tax periodOutward supply madeClosing balance
HSN (at 6 digit level)UnitQty.Qty.ValueCentral TaxIntegrated TaxITC allowedQty.
123456789

5. Credit on State Tax on the stock mentioned in 4 above (To be there only in States having VAT at single point)

Opening stock for the tax periodOutward supply madeClosing balance
HSN (at 6 digit level)UnitQty.Qty.ValueState TaxITC allowedQty.
12345689

Verification (by authorized signatory)

I hereby solemnly affirm and declare that the information given hereinabove is true and correct to the best of my knowledge and belief and nothing has been concealed therefrom.

Signature
PlaceName of Authorized Signatory ….……………………
Date
Designation /Status……………………………………

 

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