Respected Members,
If i set off IGST Credit Balance with SGST first and then set off the balance amount with CGST. Will there be any problem in this ITC setoff method.
As There is Tax liabilty in SGST balance and if i set off the SGST first then tax liability become NIL due to excess ITC in CGST ledger.
Pls provide your feedback in this.
CAclubindia
