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

[CSSANJAY MALHOTRA]

Refer to below Misc. Transitional Provision under CGST Act:

Section 142(11)(c) : where tax was paid on any supply both under the Value Added Tax Act and under Chapter V of the Finance Act, 1994, (32 of 1994.) tax shall be leviable under this Act and the taxable person shall be entitled to take credit of value added tax or service tax paid under the existing law to the extent of supplies made after the appointed day and such credit shall be calculated in such manner as may be prescribed.

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.