Advance Tax paid under ST and dispatches made under GST

[Meenu Agarwal]

We received advance under Service Tax Regime and paid Service tax on same. Supplies were made during GST period . Whether we can adjust amount of service tax paid on advance receipt against invoices issued during 2017-18.

How to show it in GSTR-9

AI Summary

Adjusting Service Tax on Advances Against Post-GST Invoices: Section 142(11)(c) of CGST Act Explained A user inquired about adjusting service tax paid on advances received under the Service Tax regime against invoices issued during the GST period. The response cited Section 142(11)(c) of the CGST Act, which allows for credit of service tax paid under the previous law for supplies made after the GST implementation. This credit can be claimed to the extent of supplies made post-GST introduction, and must be calculated as prescribed. The discussion focused on how to reflect this adjustment in the GSTR-9 form.