ADJUSTMENT OF ITC OF IGST

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Accountant
25 Points Posted on 18 February 2021
CAN ITC OF IGST FULLY ADJUSTED WITH SGST
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On 18 February 2021 at 14:02 Report
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Quick Summary
This discussion clarifies the rules around adjusting Input Tax Credit (ITC) for IGST. It confirms that ITC of IGST can indeed be fully utilised to offset SGST liabilities, and can also be used for CGST in any proportion. Visit filingsamadhan.com for more assistance.

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owner
22 Points Posted on 18 February 2021

we will help you 

just click the link below.

https://www.filingsamadhan.com/

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On 18 February 2021 at 14:37
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Chartered Accountant
414 Points Posted on 18 February 2021
Yes if u can setoff IGST input with sgst liability
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On 18 February 2021 at 14:45
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GST Consultant
15986 Points Posted on 18 February 2021

Yes ITC of IGST can be used to pay SGST liability  

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On 18 February 2021 at 14:46
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CA Final Student
120 Points Posted on 18 February 2021
Yes, you may utilise ITC of IGST for SGST and/or CGST in any ratio/portion.
so ITC of IGST can be Fully utilised for SGST.
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On 18 February 2021 at 16:28

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