To pay service tax or gst?

209 views 6 replies

We are manufacture and exporters. We have recd bills from

1) Goods transport Agency for the month of Jun 2016

2)Security Service providers for the services provided in the month of Jun 2016.

We are liable to pay tax on RCM on both expenses. Due date to pay Tax on RCM was 05.07.2017 (for the services received during the month of june 2017).

My query is which tax to pay - 1) regular Serivces Tax @ 15%  or GST?

2) how and where we can claim set off of this RCM Paid, through Trans 1 or GST?

Thanks & Regards,

Sushil.

Replies (6)
consult your CA ..there is a way i cant give answer openly
consult your CA ..there is a way i cant give answer openly
yes . this transaction coverd under service tax, because service reader before appointed date and invoice also raised before appointed date. please refer point of taxation under GST. I will send soon
book RCM in June month and deposit St with interest

Thanks to all of you for your reply...

 

Regards,

Sushil.

if the bill is raised before 1st of July 2017 then it comes under Service tax. If the bill is raised on 1st or after that either he/she has to revise the bill date back to the end of June as they cannot claim GST for the month of June under GST.


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