Setoff query gst

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This query is : Resolved

Quick Summary

If you've paid IGST on imported goods and it appears in your GSTR-2B, you can indeed use this credit. Even if you have no IGST liability, you can offset the import IGST against your local CGST and SGST obligations. This allows you to effectively utilise your paid IGST credit.

deepak

deepak (Querist)
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09 March 2025 One person import of goods and paid igst to custom department and Igst amount reflected under GSTR-2B. So can he take IGST amount credited against local CGST and SGST liability setoff?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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09 March 2025 Yes. You can set off the IGST paid on import (as reflected in GSTR-2B) against CGST and SGST liabilities if there is excess IGST available after adjusting against IGST liabilities.

deepak

deepak (Querist)
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09 March 2025 We have no IGST liability. We have only CGST and SGST liability. So can we take ITC of Import IGST paid credit against CGST and SGST?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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09 March 2025 Yes, eligible...

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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04 October 2025 Good luck...

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