https://www.taxtmi.com/forum/issue?id=114702 The taxpayer wrongly claimed transitional input credit for service tax paid on an advance for services later supplied under GST; the correct approach is to reverse the transitional credit with interest, remit the tax via DRC 03, and, if eligible, apply for refund of any excess payment, noting potential interest and penalty consequences. en-us Fri, 01 Mar 2019 09:23:05 +0530 Thu, 23 Jan 2025 15:55:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114702 The taxpayer wrongly claimed transitional input credit for service tax paid on an advance for services later supplied under GST; the correct approach is to reverse the transitional credit with interest, remit the tax via DRC 03, and, if eligible, apply for refund of any excess payment, noting potential interest and penalty consequences. Discussion-Forum GST Fri, 01 Mar 2019 09:23:05 +0530 https://www.taxtmi.com/forum/issue?id=114702