Hello every one, please help on this
" i have these input available
total input
IGST 1220
CGST 113711
SGST 1352864
OUT put GST
IGST 4,91,838
CGST 88,434
SGST 88,434
will it settle down with available or i need to pay in cash
some one told that
Firstly IGST WILL BE SETTLED MEANS IT WILL EAT IGST,CGST and then SGST input, after this CGST output but then no CGST input will available as such u hv to pay CGST output in cash,SGST input is sufficient to pay output liability.
CAclubindia
