Related with gst
This query is : Resolved
21 September 2017
IGST Payable Balance is Rs 100
ITC available with SGST is Rs 200
Can we pay the IGST liability by the SGST ?
ITC available with SGST is Rs 200
Can we pay the IGST liability by the SGST ?
21 September 2017
Yes you can.
A. The Input Tax Credit under of CGST shall be:
1) first utilized towards the payment of output CGST
2) then towards the payment of output IGST
3) CGST can’t be used to adjust SGST Liability.
B. The Input Tax Credit under of SGST shall be:
1) first utilized towards the payment of output SGST
2) then towards the payment of output IGST
3) SGST can’t be used to adjust CGST Liability.
C. The Input Tax Credit under of IGST shall be:
1) first utilized towards the payment of output IGST
2) then towards the payment of output CGST
3) then towards the payment of output SGST
A. The Input Tax Credit under of CGST shall be:
1) first utilized towards the payment of output CGST
2) then towards the payment of output IGST
3) CGST can’t be used to adjust SGST Liability.
B. The Input Tax Credit under of SGST shall be:
1) first utilized towards the payment of output SGST
2) then towards the payment of output IGST
3) SGST can’t be used to adjust CGST Liability.
C. The Input Tax Credit under of IGST shall be:
1) first utilized towards the payment of output IGST
2) then towards the payment of output CGST
3) then towards the payment of output SGST
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- ADVANCE PAYMENT OF ADVOCATE
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- NRI starting business in India
- GST not cancelled by tenant
- DIN reactivation
- Invertaded duty struture
- Capital gain on sale and purchase of plot
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
