Adjustment of output igst & output cgst with input sgst
This query is : Resolved
10 June 2017
Balance in Input SGST Rs.600/-
Output IGST Payable Rs.400/-
Output CGST Payable Rs.100/-
Output SGST Payable Rs.300/-
How the amount of Input IGST will be utilized for the payment of Output IGST,CGST & SGST
Output IGST Payable Rs.400/-
Output CGST Payable Rs.100/-
Output SGST Payable Rs.300/-
How the amount of Input IGST will be utilized for the payment of Output IGST,CGST & SGST
10 June 2017
Dear Ashish,
I understand that in given case you type SGST Input credit as INR 600 which is typo error. I assume it to be IGST input Credit INR 600. With this understanding, IGST ITC of INR 600 will be use to pay IGST of INR 400, CGST of INR 100 and SGST INR 100.
So SGST Payable of INR 200
I understand that in given case you type SGST Input credit as INR 600 which is typo error. I assume it to be IGST input Credit INR 600. With this understanding, IGST ITC of INR 600 will be use to pay IGST of INR 400, CGST of INR 100 and SGST INR 100.
So SGST Payable of INR 200
11 June 2017
Sir,
I just want to know the answer of the above question .
Rgds,
Ashish Ray
I just want to know the answer of the above question .
Rgds,
Ashish Ray
11 June 2017
Hi Ashish,
Request you to refer my above reply, I address your question. I just added one understanding of your question. If have any further query then request to re frame it
Thank you
Request you to refer my above reply, I address your question. I just added one understanding of your question. If have any further query then request to re frame it
Thank you
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