Gstr 3b query related
This query is : Resolved
10 November 2024
One client import of goods for business and paid igst to the custom department alongwith custom duty, now Igst amount reflected in client GSTR-2b , Can we use Igst amount Against our local sale liability (sgst and Cgst) in gstr-3b return?
10 November 2024
Yes, you can use the IGST amount paid on imported goods against your local sale liability (SGST and CGST) in your GSTR-3B return. The order of utilization of input tax credit (ITC) under GST rules allows you to first use the IGST credit towards payment of IGST, CGST, and SGST in that order.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reporting Income under Section 44ADA
- Itr 1 processing
- Building and other construction workers welfare cess act 1996
- Bank Accounts in Balance Sheet for ITR 3
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- TDS ON CASH WITHDRAWALS...
- NRE Interest Income applicability
- Annual return of gst limit
- Bank accounts of Non resident
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
