Dear Sir, We manufacturer of Alloy Steel and Stainless Steel castings. Earlier we registered with Central Excise and Service Tax and recently migrated in GST. We have submitted our ER-1 and ST-3 return on due date. We have missed to take Cenvat credit of some of the invoices of March to June 2017 (Excise and Service Tax Credit). Can Cenvat credit of all missing invoices will be eligible in GST TRAN-1 ?
Also we have deposited Service tax amount of June 2017 during August 2017 under RCM. Can we file Refund application for RCM amount ? Hoping your kind suggestion in this regard.
Manufacturer Queries Cenvat Credit Eligibility for GST TRAN-1; RCM Service Tax Refund Not Possible; ER-1 Revision Time-Barred. A manufacturer of alloy and stainless steel castings, previously registered under Central Excise and Service Tax, inquired about the eligibility of unclaimed Cenvat credits from March to June 2017 for inclusion in GST TRAN-1. They also asked about the possibility of a refund for service tax deposited under RCM in August 2017. Responses indicated that while a refund for RCM is not possible, revising service tax/excise returns to include missing invoices before filing TRAN-1 by September 28, 2017, is advisable. However, revising ER-1 returns is no longer feasible. (AI Summary)
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