Download GST TRAN 1 Return Template In Excel

GST TRAN-1 Return form is use to claim credit of input of taxes (VAT, Excise) paid under the pre-GST regime issued by the Central Board of Excise and Customs.

We all are worried about the input credit of taxes that we already paid while purchasing, inputs, raw materials, semi-finished goods, under the old regime. These taxes are available as input credit on 30th July each year.

CBEC has released 2 transition forms GST TRAN-1 and GST TRAN-2, to help the businesses to carry forward their input tax credit.

We have create an Excel Template for the GST TRAN-1 form to simplify the filing of return. This form can be filled online on GSTN Portal.

Contents of GST TRAN-1 form Excel Template

This form GST TRAN-1 includes a total of 12 points which are explained below:

1. GSTIN: GSTIN number of yours is auto-populate.

2. Legal Name of Register Person: Your register legal name in full. Auto populate.

3. Trade Name: Name of the company if you are using any Trade Name.

4. Confirm that you have submitted All the returns required under existing law for past 6 months: Here you need to select Yes or No from the drop-down list.

5. Amount of tax credit carry forward in return filed under existing laws:

6. Details of capital goods for which un-availed credit has not been carry forward under existing law (section140 (2)).

(a)Hence, Amount of duties and taxes on inputs claimed as credit excluding the credit claimed under Table 5(a)

(b) Therefore, Amount of vat and entry Tax paid on inputs supported by invoices/documents evidencing payment of tax carried forward to electronic credit ledger as SGST/UTGST

7. Furthermore, Details of the inputs held in stock in terms of sections 140(3), 140(4)(b) and 140(6).

(a) Moreover, Amount of duties and taxes on inputs claimed as credit excluding the credit claimed under Table 5(a)

(b)So, Amount of vat and entry Tax paid on inputs supported by invoices/documents evidencing payment of tax carried forward to electronic credit ledger as SGST/UTGST

(c) Also, The stock of goods not supported by invoices/documents evidencing payment of tax (credit in terms of rule 1 (4)) (To be there only in States having VAT at a single point)

8. So, Details of transfer of cenvat credit for registered person having centralized registration under existing law (Section 140(8))

9. Moreover, Details of goods sent to job-worker and held in his stock on behalf of principal under section 141

(a) Also, Details of goods sent as principal to the job worker under section 141

(b) Details of goods held in stock as a job worker on behalf of the principal under section 141

10. Details of goods held in stock as an agent on behalf of the principal under section 142 (14) of the SGST Act

(a) Details of goods held as an agent on behalf of the principal

(b) Hence, Details of goods held by the agent

11.Also, Details of credit availed in terms of Section 142 (11 (c ))

12. Finally, Details of goods sent on approval basis six months prior to the appointed day (section 142(12))

Download this GST TRAN 1 Return template in Excel Format

Our easy to use editable Excel templates and save your significant amount of time and effort. Here’s how to download and use one of our templates:

  1. Download this free Excel Template: Once you’ve browsed through our collection of templates and find the one that best fits your needs. Once you’ve found the template you want, click on the download button.

  2. Replace sample data with your actual data: Once the template is downloaded, open it in Excel. You’ll see that it is already set up with sample data. To start analyzing your own data, simply replace the sample data with your actual data.

  3. Customize the template: Our templates are completely editable, which means you can customize them to fit your specific needs. For example, you can change the formatting, add or remove columns, or create new charts and graphs.

  4. Use the Excel template: Once you’ve fed in your data and customized the template, you’re ready to start using it for data analysis. Use the various tools and features of Excel to analyze and visualize your data, and make informed business decisions.

  5. Save and share: Once you’ve finished working on the template, save it to your computer and share it with other members of your team or stakeholders as needed.

Click Download Button To Get GST TRAN 1 Return Excel Template

Instruction :

All Excel templates and tools are sole property of User can only download and use the excel templates for their Personal use only. All templates provided by XLSX templates are free and no payment is asked. However, you are not allowed to distribute or share in any other website for sole purpose of generating revenue from it.

 You can also download and use our 1000 Best PowerPoint Presentation Templates and 500 Resume Samples from  Completely Free. All our templates are designed by Professionals

Download Free Editable Excel Templates | Popular Templates

Insurance Quote Template

Insurance Quote

Introduction: Streamlining Insurance Quotations An insurance quote is a vital document in the insurance industry, serving as a preliminary estimate of premiums for potential clients.

Read More »
Freelance Quotation Template

Freelance Quotation

Introduction: Mastering Freelance Quotations In the world of freelancing, creating an effective quotation is crucial for outlining the scope and cost of your services to

Read More »
Fencing Quotation

Fencing Quotation

Introduction: Navigating Fencing Service Quotations A fencing service quotation is an essential tool for businesses in the fencing industry. It provides potential clients with a

Read More »
Event Planning Quote

Event Planning Quotations

Introduction: Excelling with Event Planning Quotations An event planning quote is a critical document for event planners, detailing proposed services and costs for organizing an

Read More »
Construction Quote Template

Construction Quote

Introduction: Optimizing Construction Quotations A construction quote is a fundamental document in the construction industry, serving as a formal proposal of costs for construction services

Read More »
Cleaning Quote

Cleaning Quote

Introduction: Perfecting Cleaning Service Quotations Creating an effective cleaning service quotation is crucial in the cleaning business. It serves as a formal proposal outlining the

Read More »

Free editable professional Excel templates can be a useful tool for businesses, organizations, and individuals looking to streamline their data management and reporting processes. These templates can provide a pre-designed and pre-formatted framework for storing and organizing data, as well as for creating charts, graphs, and other visualizations to help communicate that data more effectively.

One advantage of using professional Excel templates is that they are often designed by experienced professionals who understand best practices for data management and visualization. This means that the templates are likely to be well-organized, easy to understand, and aesthetically pleasing, which can make working with them more efficient and enjoyable.

Another advantage is that these templates are often fully editable, allowing users to customize them to meet the specific needs of their organization or project. This can include adding or deleting rows and columns, changing the formatting and layout, and adding custom formulas and functions.

Some examples of professional Excel templates that may be available for free include budgeting templates for personal or business use, project management templates for tracking tasks and deadlines, and sales tracking templates for analyzing and forecasting sales data. There are also a wide variety of templates available for specific industries, such as real estate, marketing, human resource, Payroll management and among others.

Overall, free editable professional Excel templates can be a valuable resource for anyone looking to improve their data management and analysis skills. By providing a pre-designed and customizable framework for storing, organizing, and visualizing data, these templates can help users save time and make more informed decisions.