Can we adjust 18% GST input (IGST / CGST / SGST) with output GST 12% (IGST / CGST / SGST) ???
Menu
Gst adjustment possible ???
Replies (6)
yes...u can take
Yes and u can also claim for refund
Yes. You can adjust your ITC to the following way,
IGST = 1. IGST 2. CGST and 3. SGST
CGST = 1. CGST and 2. IGST (Not available adjustment CGST to SGST)
SGST = 1. SGST and 2. IGST (Not available adjustment SGST to CGST)
Also you get refund if you have any Input Tax...
In Vat resime we fill return first then pay tax .
In gst resime we have to follow the same procedure ??
or we have to pay tax before filling the return ??
It's your choice....
It's your choice....
Recent Threads
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
- Share sale by promoter of public limited company
- Individual working for a firm to take sales orders
- BIN view site not working
- Settlement of advance by customer
- GST chow cause notice
- Un claim ITC
- Form 49AA - OCI card holder applying for PAN card
- Section 54f and Sale between father and Son.
Related Threads
CAclubindia
