Service provider registered under service tax paying tax at normal rate

Return filed under Service Tax shows a unutilised carry forward balance of CENVAT credit

 The said unutilized excess input tax credit disclosed in the return filed for period ended 30th June 2017 to be carried forward under GST

  • GST FORM TRAN-1 to be filed by 28th September 2017
  • The GST FORM TRAN-1 to contain details about the credit to be carried forward
  • CENVAT Credit (shown in service tax return) will be carried forward as CGST credit
  • In case of centralized registration under Service tax, credit can be carried forward as CGST credit in any of the GST registrations

 The balance is not allowed to be carried forward in following cases:

  • The Credit is not admissible in the GST Law
  • All service tax returns for the period October 2016 to June 2017 have not been duly filed

 Return filed under Service Tax does not show excess balance of input tax credit

No credit shall be carried forward under GST in respect of Service Tax