Question10:

A manufacturer pays reverse charge of service tax on 06th July, the same was available as CENVAT credit but not takes in excise return of June 2017. How to claim this now? Or where to fill it in GST TRAN-1?

Answer:

This credit is available under Section 140(5) CGST Act  Please see this information is to be given in Trans 1 in Tile no 7 as follow 

7. Details of the inputs held in stock in terms of sections 140(3), 140(4)(b), 140(5) and 140(6).

(a) Amount of duties and taxes on inputs claimed as credit excluding the credit claimed under Table 5(a) (under sections 140(3), 140(4)(b) and 140(6) and 140(7)) Sr. no.

(b) Amount of eligible duties and taxes/VAT/[ET] in respect of inputs or input services under section 140(5) and 140(7) (Reply dt. 28/10/2017)