TRANS-1 CREDIT

[SURYAKANT MITHBAVKAR]

We have entered all traded Goods stock in 7A column under Trans-1 and avail the credit. While verifying the concern officer they insists to fill all data in 7B instead of 7A.

How we will rectify the same ?

[ANITA BHADRA]

Amendment in Tran-1 can be made only on case to case basis, where on an application made to jurisdiction officer, facility to amend can be open for such amendment .

Otherwise there is no way to rectify Tran-1

[Ganeshan Kalyani]

In my view, the adjustment can be made thru GSTR 3B.

AI Summary

Trans-1 credit amendment requires jurisdictional officer approval or adjustment through GSTR 3B as a practical remedy. Amendment of Trans-1 credit entries misfiled between columns is not automatic and can be opened only on a case-by-case basis upon application to the jurisdictional officer; otherwise Trans-1 offers no self-help rectification. An operational alternative is to make the corrective adjustment through GSTR 3B, subject to that return's compliance framework.