How to Set-off Liability

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This query is : Resolved

Harish Ansari (Querist)

31 August 2017 Dear Members, The following error message is appearing while uploading the Form GSTR-3B. Please clarify anybody. Error: Offset the CGST Credit completely before cross utilization SGST credit against IGST tax liability.

RAJA P M

RAJA P M (Expert)

31 August 2017 You ll set off the IGST liability first from CGST then set off SGST....

Harish Ansari

Harish Ansari (Querist)

31 August 2017 sir, I'm doing same as u say but error still showing

RAJA P M

RAJA P M (Expert)

31 August 2017 Show your input output details here I'll try to reply my best...

Harish Ansari

Harish Ansari (Querist)

31 August 2017 IGST Liability 46,570 ITC CGST 27,597 ITC SGST 27,597

RAJA P M

RAJA P M (Expert)

31 August 2017 You ll be set off it first CGST., * Paid through ITC - Integrated Tax Row to Central Tax Column Rs. 27597 Integrated Row to State/UT Tax column Rs. 18973.... Balance Tax = SGST Rs. 8624/-.... You ll be follow the steps. You can solve your problem...

Harish Ansari

Harish Ansari (Querist)

31 August 2017 Thanks Sir this Problem is solve but another set off liability is not adjusted kindly help

RAJA P M

RAJA P M (Expert)

31 August 2017 Yes....
proceed...
If you satisfied my reply then give your likes to me and follow the activities....
We can touch...

Message likes : 1 times

Harish Ansari

Harish Ansari (Querist)

31 August 2017 Liability: CGST- 11970/- and Liability: SGST- 11970/- ITC : CGST- 1163/- ITC: SGST- 1163/- ITC: IGST- 4455/- Tax Deposited= Deducted All ITC SGST Deposited: 8580 and CGST Deposited: 8580

RAJA P M

RAJA P M (Expert)

31 August 2017 In my view., You can't set off. Bcoz, Your payment is wrong. In case it ll be set off...! My view is wrong. You ll try and reply here...

Coming to point...

First off you understand the adjustments in GST and billing....

If you can supply inter state then you ll be prepare tax as IGST = X
If you can supply intra state then you ll be prepare tax as CGST & SGST = X/2... Here intra state billings only divided by 2 for the Integrated Tax or Items Tax rate....

But, You don't Set off the Taxes above said way. If you have any ITC in IGST you ll be set off it first CGST. After set off any balance in IGST next you can set off SGST. Don't be set off IGST 50/50 to CGST/SGST...

How to you calculate Your above said query...

CGST Liability Rs. 11970 : Less CGST Rs. 1163 and IGST Rs. 4455 = Balance Rs. 6352 (Payable to CGST)
SGST Liability Rs. 11970 : Less SGST Rs. 1163 = Balance Rs. 10807 (payable to SGST)...

But., You wrongly set off the IGST ITC is 50/50...

Regards

RAJA P M

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