Input credit of IGST
This query is : Open
mohd.shahzeb
(Querist)
02 August 2017
How input IGST credit is to be taken.
whether it can be book for credit from both output CGST/ IGST and balance if any from SGST also
please clarify
CA Rashmi Gandhi
(Expert)
02 August 2017
Firstly from IGST then from CGST & finally from SGST.
mohd.shahzeb
(Querist)
02 August 2017
thanks , kindly suggest one more thing
we have input credit of vat as on 30.06.2017 on stock on dat date ,
how I should book the credit entries
should we adjust opening vat first nd then gst
CA Rashmi Gandhi
(Expert)
02 August 2017
Take as VAT & then trf to GST.
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