TaxTMI 
TaxTMI 
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?
EXCESS SERVICE TAX PAID RCM IS C/F IN TRAN-1
07 Dec 2017 
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Excess reverse charge payment: claim refund via Form R if paid in cash; otherwise only carry forward Cenvat credit.
Excess payment under the reverse charge mechanism may be refunded via Form R if paid in cash; only Cenvat credit balances shown in the taxpayer's last pre-GST return are eligible for carry forward in TRAN-1 Table 5A, and education cess or other cesses are specifically excluded from eligible credit. (AI Summary)
Excess payment under the reverse charge mechanism may be refunded via Form R if paid in cash; only Cenvat credit balances shown in the taxpayer's last pre-GST return are eligible for carry forward in TRAN-1 Table 5A, and education cess or other cesses are specifically excluded from eligible credit. (AI Summary)