https://www.taxtmi.com/article/detailed?id=7540 Service tax transition to GST creates dilemmas on treatment of invoices received after the final service tax return, with legacy CENVAT allowing credit up to one year but GST restricting carry forward and permitting cash refund for increased credit; RCM timing differences may leave payments falling post transition where RCM coverage changes; and carry forward of pre GST tax requires invoices or tax documents be recorded within a limited period in TRAN 1, while issuance of debit/credit notes for price revisions raises conflicts among CGST, SGST and IGST rules and GST system auto calculation requirements. en-us Mon, 07 Aug 2017 11:14:46 +0530 Mon, 07 Aug 2017 11:14:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7540 Service tax transition to GST creates dilemmas on treatment of invoices received after the final service tax return, with legacy CENVAT allowing credit up to one year but GST restricting carry forward and permitting cash refund for increased credit; RCM timing differences may leave payments falling post transition where RCM coverage changes; and carry forward of pre GST tax requires invoices or tax documents be recorded within a limited period in TRAN 1, while issuance of debit/credit notes for price revisions raises conflicts among CGST, SGST and IGST rules and GST system auto calculation requirements. Articles Goods and Services Tax - GST Mon, 07 Aug 2017 11:14:46 +0530 https://www.taxtmi.com/article/detailed?id=7540