Dear Sirs/Madams,
In my credit ledger shows the avilable amount os Rs 21000/-. How can I utilise this amount as ITC for paying tax? Please advise and guide me.
Thanks
D.Ravichandran
Coimbatore.
Ravi Chandran (24 Points)
16 December 2024Dear Sirs/Madams,
In my credit ledger shows the avilable amount os Rs 21000/-. How can I utilise this amount as ITC for paying tax? Please advise and guide me.
Thanks
D.Ravichandran
Coimbatore.
V SUBRAMANIAM
(Tax consultant )
(546 Points)
Replied 17 December 2024
In what head u have? Whether it is igst,cgst or sgst.
V SUBRAMANIAM
(Tax consultant )
(546 Points)
Replied 17 December 2024
In what head u have? Whether it is igst,cgst or sgst.
Ravi Chandran
(24 Points)
Replied 17 December 2024
IGST = Rs. 19206.00
CGST = Rs. 834.00
SGST = Rs. 834.00
Total = Rs. 20874.00
V SUBRAMANIAM
(Tax consultant )
(546 Points)
Replied 17 December 2024
First use igst against output of igst,cgst,sgst.
Then use cgst against output of cgst and igst.
Sgst against output of sgst and igst.
Live Course on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)