Tax ability in GST

[ketan mehta]

Dear Experts

If registered persons under service tax was paying service tax on receipts basis( turnover is less than 50 lakh) , has migrated in GST & after Jul.,2017 he receives the realisation for which invoice was issued with service tax in pre gst period then how will he discharge his laibility of service tax in aug or say in oct 2017 ( qtly payment of tax under service tax) or what kind of treatment will be given for such transitional invoices. PL advice.

AI Summary

Clarification on Tax Liabilities: Payments Received Post-July 2017 Fall Under GST, Not Service Tax, Per Finance Act, 1994. A user inquired about handling service tax liabilities for invoices issued before the GST implementation, specifically for payments received after July 2017. One expert advised that the service tax should be paid in August. Another expert clarified that since the Finance Act, 1994 ceased to exist from July 1, 2017, any tax payments made on or after this date should be under GST, not service tax.