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<h1>Submit FORM GST TRAN-1 for input tax credit under Sec 140 within 90 days; extensions possible. Conditions apply.</h1> Registered persons eligible for input tax credit under section 140 must submit a declaration in FORM GST TRAN-1 within ninety days of the appointed day, which may be extended by the Commissioner. The declaration should specify tax credit details for capital goods, stock, and transactions under existing laws. Credit will be added to the electronic credit ledger. Unregistered persons can claim input tax credit on stock without excise duty documents at specified rates, subject to conditions. This scheme applies for six tax periods. Conditions include availability of procurement documents, stock identification, and submission of FORM GST TRAN 2 statements.