Credit of service tax paid under reverse charge

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..... XYZ paid service tax under reverse charge on 05.07.17 against the liability for June 17 and claimed credit of the same in the ER 1 Return for June 17. Is it the correct way or they should have c .....

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..... laimed it through TRAN 1 ? Excise audit party is objecting the same saying that they should have claimed through TRAN 1 . What is the correct legal position? - Reply By Mahadev R - The Reply = .....

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..... Only way was to show it in either ER-1 or ST-3 return as there was no provision to show such credits of tax paid on RCM in July 17 in TRAN-1 . - Reply By KASTURI SETHI - The Reply = It is te .....

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..... chnical lapse. Relief is cock-sure but after facing the rigours of litigation and matter may travel up to Tribunal. No hope prior to that stage. - Credit of service tax paid under reverse charge - .....

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..... Query Started By: - Kaustubh Karandikar Dated:- 17-10-2019 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Managemen .....

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..... t India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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