Gst related query

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TARIQUE RIZVI (Querist)
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21 September 2017 CGST Liability is Rs 100

Available ITC balance with SGST is Rs 200

Can we pay CGST liability by SGST ?

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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21 September 2017 No. No inter-head setoff between CGST & SGST.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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21 September 2017 A. The Input Tax Credit under of CGST shall be:

1) first utilized towards the payment of output CGST
2) then towards the payment of output IGST
3) CGST can’t be used to adjust SGST Liability.

B. The Input Tax Credit under of SGST shall be:

1) first utilized towards the payment of output SGST
2) then towards the payment of output IGST
3) SGST can’t be used to adjust CGST Liability.

C. The Input Tax Credit under of IGST shall be:

1) first utilized towards the payment of output IGST
2) then towards the payment of output CGST
3) then towards the payment of output SGST

Chhatra Singh Dugar

Chhatra Singh Dugar (Expert)
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21 September 2017 I agree with Mr Sanjay. t

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