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CGST and SGST input adjust with IGST output

Ajay C (25 Points)

30 May 2017

can we adjust cgst and sgst input adjust with igst output or Vis-versa

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7 Replies

JAYA SHARMA (ACA, B.Com(H)) (36 Points)
Replied 30 May 2017

Hi,

Tax Credit of CGST, SGST & UTGST can be used for the payment of IGST . However, CGST can not be used for payment of SGST / UTGST and vice versa.

Tax Credit of IGST can be used for the payment of IGST. If any credit is left then it can be used for payment of CGST first and then for the payment of SGST/UTGST

Prity Agarwal (CHARTERED ACCOUNTANT) (363 Points)
Replied 30 May 2017

Tax credit of IGST can be used first for liability of IGST and if their is any left over credit then for CGST and then SGST.

Studentsca (CA Practice ) (3577 Points)
Replied 30 May 2017

CGST WILL BE FIRST ADJUSTED AGAINST CGST & THEN IF ANY BALANCE LEFT IT WOULD BE ADJUSTED AGAINST IGST. SIMILAR ADJUSTMENT IN CASE OF SGST WITH IGST. IGST WILL BE SET OFF AGAINST IGST THEN CGST THEN SGST.

2 Like

Ajay C (25 Points)
Replied 30 May 2017

thanks to all

Sahajat Panda (Executive) (24 Points)
Replied 14 January 2018

# Prity Agarwal :- If mistakely Challan is created for CGST & IGST (Instead of CGST & SGST) in case of a State Dealer...can the Balance shown in IGST in cash ledger be adjusted to CGST & SGST at time of Return???? Pls. reply urgently !!!

Sahajat Panda (Executive) (24 Points)
Replied 14 January 2018

Hi Jaya,

If mistakely Challan is created for CGST & IGST ( State Delaer CGST & SGST applicable), can the amount in IGST of Cash ledger be adjusted against SGST payable at time of return???? as CGST has been correctly paid..

Kindly provide your suggestion as mistakely heavy value i have paid for CGST & IGST rather than going for CGST & SGST..!!!

Siddharth Goel (Chartered Accountant) (3031 Points)
Replied 05 July 2018

Hi,

The rule of availing and set off of credit of IGST is that the Tax Credit of IGST can be used for the payment of IGST. If any credit is left then it can be used for payment of CGST first and then for the payment of SGST/UTGST.

So, if you have no IGST and CGST payable, you can indeed use the IGST for payment of SGST.