Tax not paid in Service tax_where to pay and whether ITC available
Query (Issue) Started By: – Yatin Bhopi Dated:- 26-5-2018 Last Reply Date:- 28-5-2018 Goods and Services Tax – GST
Got 10 Replies
GST
Dear expert
\nWhile reconciling (2016-17 upto June 17) our books with Service tax returns, we found that in some cases we have not paid Service tax on import of services. my queries are:
\n1. Whether service tax payable under service tax head or we can pay GST
\n2. Whether ITC available to us
\nNeed urgent advice
\nReply By YAGAY and SUN:
\nThe Reply:
\nYou need to pay pending service tax in cash but no ITC\/CENVAT credit would be available to you.
\nReply By KASTURI SETHI:
\nThe Reply:
\nDeposit of ST online is also available. No ITC availab<\/p>\n
= = = = = = = =<\/p>\n
Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n a credit under CGST Act. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Tax not paid in Service tax_where to pay and whether ITC available Query (Issue) Started By: – Yatin Bhopi Dated:- 26-5-2018 Last Reply Date:- 28-5-2018 Goods and Services Tax – GSTGot 10 RepliesGSTDear expert While reconciling (2016-17 upto June 17) our books with Service tax returns, we found that in some cases we have not … Continue reading “Tax not paid in Service tax_where to pay and whether ITC available”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-11942","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/11942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11942"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/11942\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nReply By Alkesh Jani:
\nThe Reply:
\nSir, I agree with Sh. Rajagopalan sir It shall be paid under GST head "OTHERS".
\nThanks
\nReply By DR.MARIAPPAN GOVINDARAJAN:
\nThe Reply:
\nYou have to pay the service tax along with interest at the applicable rate and you cannot avail CENVAT credit.
\nReply By Yatin Bhopi:
\nThe Reply:
\nThanks a lot for clarifications.
\nUnfortunately no ITC is available under GST even though payment was under RCM, this is going to be cost to us.
\nIs there any way (Since amount involved is huge). If there is no GST, ITC was available
\nReply By KASTURI SETHI:
\nThe Reply:
\nIf the amount is huge, throw the ball in the court. 'Time factor' may help you. Do not surrender without fighting. Exp<\/p>\n
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