Payment of GST against outward supplies of July'17

[MohanLal tiwari]

As per yesterday's GSTN webinar, transitional credit will be available for July only after filing trans forms and not through GSTR-3b. Since GSTR-1 & 2 is not yet uploaded on GST portal, while consulting with the local GST authority, they are asking for payment of total payable GST of July in cash without adjusting ITC for the month and Cenvat carried forward.

Kindly advise for payment of GST for the month of July after adjusting ITC & cenvat.

AI Summary

Transitional credit availability requires filing TRAN-1 before adjusting carried forward ITC; cash payment may be demanded otherwise.
Transitional credit cannot be adjusted against opening-month outward supplies until the prescribed transmission form, TRAN-1, is filed and processed; GSTR-3B permits declaration of current-period ITC but does not carry forward legacy VAT/excise/service-tax credits. Pending portal processing, tax authorities may require cash payment of GST liabilities despite taxpayers holding eligible inward GST month credits and prior cenvat balances, leaving registrants to seek administrative clarification or judicial relief where appropriate.