IGST Output from CGST Input and IGST Input

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This discussion clarifies that IGST output can indeed be adjusted using CGST and SGST input tax credits. The key rule is that IGST credit must be fully utilised first before any CGST or SGST/UTGST credit can be applied. This prioritisation ensures efficient management of your tax liabilities under the current GST system.

Daya

Daya (Querist)
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24 October 2023 IGST Output whether can be adjusted with CGST Input and SGST Input.

RAJA P M

RAJA P M (Expert)
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24 October 2023 Yes, IGST Output can adjusted with CGST Input and SGST Input.

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)
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15 January 2024 A taxpayer can utilise IGST credit in any proportion and in any order, but the condition is to completely utilise the IGST credit before using CGST or SGST credit. So IGST credit has to be utilised first as per the new system of set-off, only after which, can CGST or SGST/UTGST be set-off.

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