Verification of tran-1 credit of duty paid invoices

[Rajat Gupta]

Hello taxperts,

A taxpayer had availed credit of duty paid invoices under CGST head at the time of TRAN-1. My query is what documents are required for verification of this credit?

AI Summary

Taxpayer seeks guidance on document requirements for verifying excise credit claims under CGST TRAN-1 transitional provisions Rule 117 A taxpayer sought guidance on document requirements for verifying credit of duty paid invoices claimed under CGST through TRAN-1 transitional provisions. The taxpayer was a first stage dealer in excise who had incurred excise expenses and availed credit under the CGST head during the transition. One respondent directed the taxpayer to Rule 117 of the CGST Rules, 2017 for detailed requirements. Another respondent requested clarification on whether the credit pertained to service tax or excise returns carryforward. The taxpayer confirmed this was excise credit from their operations as a first stage dealer who had incurred excise expenses. The discussion focused on the verification documentation needed for transitional credit claims under the GST regime.