credit for Transitional provision, Goods and Services Tax - GST

[ramniranjan kandoi]

    Dear sir,

    1. Please confirm whether one can take credit of Service Tax paid under RCM for payment made after 01st July 2017.

    as I hv not seen anywhere nor in TRAN-01

    2. Also reg. Material duty(Local or Imported ) paid before 30.06.2017 & same is recd. on or after 01.07.2017 as TRAN 01 also does not contain details anywhere.

    Query. How to take credit.

Posts / Replies

[Ramesh Kothari]

1.yes credit can taken as services provided before appointment of GST irrespective of payment made after introduction of GST

2. Yes Same applicable as in above can take credit n c/c

but same subject to shown in return