GST ITC - adjustments
This query is : Resolved
Quick Summary
10 February 2022
We are into exports, I have received credit notes(cgst&sgst) for the month but I don't have sufficient input tax credit balance for respective month, then I entered negative balance of the same amount in Cgst and sgst, but it could be adjusted against my Igst credit balance. Then how will rectify the same.
CA R SEETHARAMAN
(Expert)
10 February 2022
Wait and enter in the month you have credit balance.
CA R SEETHARAMAN
(Expert)
10 February 2022
Yes you can do it for December.
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