Setoff query gst
This query is : Resolved
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?
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.
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?
09 March 2025
Yes, eligible...
04 October 2025
Good luck...
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