banner_ad

Igst credit related


15 July 2017 DEAR SIR/MADAM,
CAN I USE TAX CREDIT OF IGST FOR LOCAL SALES? BECAUSE I HAD ZERO CREDIT IN SGST AND CGST AND NOW I HAD TO MADE LOCAL SALES.

15 July 2017 Yes You can take input IGS as per your sales.
If your ITC (IGST) = Rs. 10000 (Tax Value)
Your local sales Is Rs. 5000 (Tax vaue) = You can Less
CGST = Rs. 2500 & SGST = Rs. 2500
Balance IGST = Rs. 5000

17 July 2017 thank you sir for reply of my query.

17 July 2017 You are Most Welcome Mr. JAIMIN....


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details