GSTN soon to Open common portal for filing transitional credit through Tran 1 and Tran 2
Earlier in matter of UOI & Anr. V/s Filco Trade Centre Pvt. Ltd. & Anr. Hon’ble Supreme Court issued order dated 22/07/2022 to allow taxpayer to file Tran 1 and Tran 2 for transitional credit.
The GSTN had filed application before Hon’ble Supreme Court seeking extension in time to open common portal for filing Tran 1 & Tran 2.
Now supreme court has granted 4 week extension to the GSTN to open common portal for Tran 1 & Tran 2.
Hon’ble Supreme Court while hearing an application from GSTN, has allowed extension of 4 weeks time to comply with their order dated 22/07/2022 issued in the matter of UOI & Anr. V/s Filco Trade Centre Pvt. Ltd. & Anr. bearing SLP (C) nos. 32709-32710/2018. Accordingly, GSTN would open the common portal for filing transitional credit through Tran 1 and Tran 2 w.e.f 01/10/2022.