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Itc credit of vat in case of service provider

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Querist : Anonymous

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Querist : Anonymous (Querist)
31 August 2017 DEAR EXPERT...

I AM SERVICE PROVIDER UNDER EXISTING LAW, I HAVE SERVICE TAX NUMBER IN EXISTING LAW AND I AM NOT REGISTERED IN VAT.

I HAVE PURCHASE RS 20 LACS COMPUTER SYSTEM IN MONTH OF JUNE 2017 FOR FIXED ASSETS USED, I HAVE ALSO PAY VAT OF RS 94000/- OF THAT PURCHASE.

NOW I MIGRATE FROM SERVICE TAX TO GST ..

SO CAN I TAKE ITC OF RS 94000/- UNDER TRANS 1 FORM???

AND IF YES, THEN WHERE TO SHOW THAT ITC AMOUNT IN TRANS 1???

PLZ REPLY SIR...STILL I AM NOT COME OUT FROM THIS CONFUSION AND PENALTY IS ALL READY START...
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daya shankar singh

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daya shankar singh (Expert)
31 August 2017 Credit of VAT not available in your case because for availing credit you need to file VAT return.
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Querist : Anonymous

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Querist : Anonymous (Querist)
31 August 2017 But sir in June 2017, I have only Service Tax Number and i was not registered in VAT...i have regularly filed ST 3 return.



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daya shankar singh

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daya shankar singh (Expert)
31 August 2017 In that case you only able to avail cenvat credit under service tax.

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