RCM payment for manpower

[srivarihitechindustries ltd]

Sir,

We have paid Service tax under RCM for manpower services for June 2017 is paid on 06.7.2017, our consultant told not to take input credit in ER1 for June 2017. Then any other provision is available for taking input credit..

Sathish.

AI Summary

Company Seeks Guidance on Claiming Unclaimed Input Credit via GST TRAN-1 for Reverse Charge Mechanism Services A company inquired about claiming input credit for service tax paid under the Reverse Charge Mechanism (RCM) for manpower services in June 2017. Their consultant advised against claiming it in the ER-1 return for that month. Respondents suggested carrying the credit forward to the GST regime, including it in the ER-1 return before filing, and transferring it to the electronic credit ledger under GST. It was also mentioned that unclaimed credit could be transferred to GST using the GST TRAN-1 form within 90 days. The company sought clarification on where to mention unclaimed credit in GST TRANS-1.