Igst tax credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 October 2017
Can we claim IGST excess tax Credit against 50% CGST and 50% SGST ?
CA R SEETHARAMAN
(Expert)
18 October 2017
Yes you can claim............
19 October 2017
Yes... You can claim.
But, You can't avail 50/50. You adjust the excess IGST credit to CGST fully after any balance then you can adjust SGST....
Udaya Chandran
(Expert)
19 October 2017
You can adjust any excess IGST credit against CGST fully first, then if any excess still exist, the same can be adjusted against SGST.
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