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ITC utilise query

This query is : Resolved 

23 June 2023 Igst credit 50000, Cgst credit 10000, Sgst credit 10000 available, in such case outward igst liability 5000, cgst outward liablility 15000 and sgst outward liability 15000. In such case can we use full IGST credit 50000 against IGST, CGST and SGST liablility?

25 June 2023 Yes, after nullifying IGST liability against IGST Credit, if any IGST Credit is available, same can be utilized against CGST Liability and SGST Liability, in any order and in any proportion.

26 June 2023 Utilisation of IGST ITC first is mandatory now. So in your case you can use it


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