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Itc of Service Tax in Gst Regim

Meghna (Articleship) (131 Points)

01 February 2018

Issue: whether I can take itc of service tax dues paid by me after introduction of GST? I.e particularly of litigation matter.

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sujith kumar dasa (banglore) (1496 Points)
Replied 03 February 2018

The same has to be taken through TRAN-1. However input credit that can be transferred to GST, is closing as per last return filed under service tax and other input invoices not considered in return but accounted before 31st july 2017.

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Meghna (Articleship) (131 Points)
Replied 04 February 2018

sir, tran 1 is already filed and question arises after that what

sujith kumar dasa (banglore) (1496 Points)
Replied 05 February 2018

What ever amount claimed in TRAN-1 will be credited to electronic credit ledger as CGST Input for service tax, excise and sgst for vat credit

Meghna (Articleship) (131 Points)
Replied 09 February 2018

sir question in case credit is not shown in tran1 than

sujith kumar dasa (banglore) (1496 Points)
Replied 11 February 2018

In case credit is not shown in TRAN-1, then no benifit of input under GST. The input credit under earlier is lost and to be expensed off. However you may wait as the department is internally discussing on opening for filing of GST tRAN-1 again

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