EXCESS SERVICE TAX PAID RCM IS C/F IN TRAN-1

[UDAYKANT PATHAK]

Sir,

A registered person in service tax ( existing law ) excess amount paid for RCM month of may 2017 and june2017, can he claim the excess paid amount c/f in TRAN-1 , Table 5A?

[Alkesh Jani]

Sir, Please file refund claim in form R, if the excess amount paid by you is in cash. You can claim only Cenvat credit lying in your last return filed. Cenvat credit excluding Ed.Cess or any other CESS.

AI Summary

Guidance on claiming excess service tax under RCM for May-June 2017: File refund with form R, not TRAN-1. A registered person inquired about claiming excess service tax paid under the Reverse Charge Mechanism (RCM) for May and June 2017 within the TRAN-1 form, Table 5A, under the Goods and Services Tax (GST) framework. The response advised filing a refund claim using form R if the excess was paid in cash. It clarified that only Cenvat credit from the last filed return, excluding Education Cess or any other Cess, can be claimed.