TaxTMI 
TaxTMI 
A advertisement company audit of service tax is under process, the company were availing credit on input and were paying full rate of Service Tax. In audit officer raised question to payment of taxes under RCM on TPT and security service, the company agreed to its payment. However they wanted to claim it through TRAN-1. Is it possible today to take credit through TRAN-1, please suggest
TRAN-1 Credit
24 Oct 2018 
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Input tax credit after TRAN-1 deadline may be pursued by refund application, permission to avail credit, or litigation.
The TRAN 1 filing window has closed for ordinary cases and only limited transitional exceptions existed; taxes paid under the reverse charge mechanism therefore cannot now be claimed through TRAN 1. Such amounts should be pursued by filing for a refund or seeking permission to avail credit from the department, with judicial or appellate challenge available if administrative relief is denied, subject to cost-benefit consideration and potential representations to the GST Council. (AI Summary)
The TRAN 1 filing window has closed for ordinary cases and only limited transitional exceptions existed; taxes paid under the reverse charge mechanism therefore cannot now be claimed through TRAN 1. Such amounts should be pursued by filing for a refund or seeking permission to avail credit from the department, with judicial or appellate challenge available if administrative relief is denied, subject to cost-benefit consideration and potential representations to the GST Council. (AI Summary)