After June end, we paid our service tax by 5th July, but our bills reached the company after 5th.
Due to transition to GST, the company could not take credit of the service tax paid by us, as they too had to pay their tax by 5th July.
Therefore they have withheld our service tax amount .
Is there any mechanism, by which the service tax paid for the period April - June after 5th July can be claimed as input credit in GST.
Please give advice .
Menu
Service Tax
Replies (3)
I think in tran 1 part 7b column you can claim ITC but not sure
Unutilised balance if any shown in ST3 can be carried forward in GST any filing TRAN form. In your case ask ur customer to file a Revised Service tax Return and add your invoice/ input credit.
Otherwise you file a Revised Return. Show sales Return and exclude this invoice. Then you will have credit balance in ST3. This can be availed by you using TRAN
Recent Topic
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
- GPF AND COMMUTED PENSION RECEIVED
- How do I choose the correct trademark class? Can I
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
Related Topics
CAclubindia
