GSTN ordered to reopen portal for TRAN-1 TRAN-2 forms allowing transitional credit filing until October 31

The SC directed GSTN to reopen the common portal for filing TRAN-1 and TRAN-2 forms for transitional credit from 01.09.2022 to 31.10.2022. All aggrieved registered assessees were permitted to file or revise forms regardless of prior writ petitions or ITGRC decisions. GSTN was required to ensure no technical glitches during this period. Officers were given 90 days post-deadline to verify claims and pass appropriate orders after providing reasonable opportunity to parties. Allowed transitional credit must be reflected in Electronic Credit Ledger. The SLP was disposed of.

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Issues:
1. Transitional credit under Goods and Service Tax Network (GSTN) for registered assesses.
2. Filing of relevant forms for availing Transitional Credit through TRAN-1 and TRAN-2.
3. Technical glitches during the filing period.
4. Verification process by concerned officers for transitional credit claims.
5. Reflecting allowed Transitional credit in the Electronic Credit Ledger.
6. Issuance of guidelines by GST Council for scrutinizing claims.

Analysis:
1. The Supreme Court directed the Goods and Service Tax Network (GSTN) to open a common portal for filing forms for availing Transitional Credit through TRAN-1 and TRAN-2 for a specific period of two months starting from September 1, 2022, to October 31, 2022.

2. In light of judgments by High Courts and prevailing circumstances, any aggrieved registered assessee was mandated to file or revise the relevant form, regardless of whether they had filed a writ petition before the High Court or if their case had been decided by the Information Technology Grievance Redressal Committee (ITGRC).

3. GSTN was instructed to ensure the absence of technical glitches during the specified filing period to facilitate a smooth process for taxpayers.

4. Concerned officers were granted a 90-day period post-filing to verify the veracity of transitional credit claims and make appropriate decisions after providing a reasonable opportunity to the parties involved.

5. Allowed Transitional credit was to be accurately reflected in the Electronic Credit Ledger after the verification process was completed satisfactorily.

6. The GST Council was authorized to issue necessary guidelines to field formations for scrutinizing and processing the claims effectively. The Special Leave Petitions were disposed of accordingly, and any pending applications were also resolved as part of the judgment.

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