Gst tax computation

shobhit (Artical Executive) (115 Points)

20 August 2017  

Dear  Sir

I want to know about GST Tax omputation 

if my IGST on outwars sipply is more than inward supply and SGST and CGST on inward supply is more than outward suppy, how to calculate tax amount

for ex

Tax on inward supply

IGST     11512.80

CGST    5828.13

SGDT    5828.13

Tax on outward supply 

IGST    38443.14

CGST   2628.27

SGST    2628.27

 

the que is what will be the taxable amount 

CGST and SGST Input tax credit can be setoff against the IGST or not