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

Guidance on Reporting Service Tax Paid via Reverse Charge in GST TRAN-1 for Input Tax Credit Claim A user inquired about the correct cell in the GST TRAN-1 form to report service tax paid under the reverse charge mechanism (RCM) for June 2017, paid on July 5, 2017, to claim input tax credit (ITC). An expert advised that the service tax should be included in the ST-3 return for April to June 2017, filed by August 15, 2017, and the closing balance would transfer to the electronic credit ledger. The user, a manufacturer, noted they could not claim CENVAT in the service tax return and sought further guidance on reporting in the excise return.