Interstate billing to registered customer as per gst
Somnath (Job) (89 Points)
05 December 2016Somnath (Job) (89 Points)
05 December 2016
Sunil Kumar
(Indirect Taxation )
(1246 Points)
Replied 05 December 2016
Firstly, registration is required with both authorities. Each transaction is liable to CGST as well as SGST. Further credit of Interstate transactions would be liable to IGST and cross credits are allowable. This is subject to an except that CGST creditable against SGST and vice versa.
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