Itc in gst

This query is : Resolved

Jiwan singh (Querist)
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12 April 2017 1-CAN WE TAKE CREDIT OF ITC ON PURCHASE SGST AGST SALE TO CGST ?
2- CAN WE TAKE CREDIT OF ITC ON PURCHASE CGST AGST SALE SGST ?
3-CAN WE TAKE CREDIT OF ITC ON PURCHASE SGST/CGST AGST SALE TO IGST ?

Guest

Guest (Expert)

12 April 2017 1 No
2 No
3 IGST can be paid by utilizing the credit of IGST,CGST and SGST and UT-GST in order as mentioned. However credit of CGST,SGST and UT-GST shall be 1St utilized towards the payment CGST,SGST and UT-GST respectively and balance if any, shall be utilized for payment of IGST.

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