Cell inTrans1for entry of ST paid on 05.07.17 through net banking challan

[Narendra Soni]

Dear experts

We had paid our service tax RCM liability for the month of June 17 on 05.07.2017 through on line Challans.kindly suggest in which cell of Trans1 the details of such challans are to be filled to avail ITC.

It is urgent please.

[Rajagopalan Ranganathan]

Sir

You are permitted to file ST-3 return for the period April 2017 to June 2017 on or before 15.8.2017. Therefore you have to include service tax paid under RCM in the return filed on 15.8.2017. The closing balance of the credit as shown in the return for the period April 2017 to June 2017 will automatically transferred to your electronic credit ledger. If you have done so you can show the details under Column 5 of GST TRAN-1 form.

[Narendra Soni]

Sir,we are manufacturer,we can not avail cenvat of ST in service return,we can show it in excise return only.

.Service providers can avail cenvat in ST return.further return is submitted for the month of June however Challan is paid in July.hence kindly suggest.

Is there any tmp return will be prescribed in act for availing this types of credit.

Kindly suggest.

AI Summary

Service tax RCM credit to be included in ST 3 for quarter and reflected in electronic credit ledger via GST TRAN 1. Service tax paid under the Reverse Charge Mechanism for June 2017 should be included in the ST-3 return for April-June 2017 filed by 15 August 2017; the closing credit balance from that return will transfer automatically to the electronic credit ledger and, if transferred, those challans may be shown in Column 5 of GST TRAN-1. Manufacturers must account for such service tax credit through their excise/CENVAT returns rather than a service-provider ST-3.