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?

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.