IGST Output from CGST Input and IGST Input
This query is : Resolved
24 October 2023
IGST Output whether can be adjusted with CGST Input and SGST Input.
24 October 2023
Yes, IGST Output can adjusted with CGST Input and SGST Input.
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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