offset the cgst tax liabilty before cross utilization of igst credit against sgst tax liabiluty
This query is : Open
15 November 2017
plz see above msg . when i take setoff above msg will reflect
15 November 2017
It's mean...
You ll adjust the IGST credit to CGST liability fully. Then you have any balance amount in IGST then go to Adjust the SGST liability...
For Ex:
IGST Credit Rs. 1000
CGST & SGST liability Rs. 750 (Each)...
Now.,
You ll adjust IGST to CGST Rs. 750 &
IGST to SGST Rs. 250.......... Then Pay as Cash Rs. 500 to SGST head....
Note :
Not adjust the IGST to CGST Rs. 500 and SGST Rs. 500.....
You ll adjust the IGST credit to CGST liability fully. Then you have any balance amount in IGST then go to Adjust the SGST liability...
For Ex:
IGST Credit Rs. 1000
CGST & SGST liability Rs. 750 (Each)...
Now.,
You ll adjust IGST to CGST Rs. 750 &
IGST to SGST Rs. 250.......... Then Pay as Cash Rs. 500 to SGST head....
Note :
Not adjust the IGST to CGST Rs. 500 and SGST Rs. 500.....
Message likes :
2 times
15 November 2017
thanku sit
15 November 2017
thanku sir
Message likes :
1 times
15 November 2017
how to do revise j1 j2 fy 13-14 in vat.
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