Gst-order of utilization of credit

Hi Friends,

Required clarity on the order of utilization of credit under GST. It will be helpful if it can be answered basis the following case law:

 

Output tax liability:

IGST = 1,00,000 ; CGST= 2,00,000, SGST = 2,00,000

Input Tax credit:

IGST= 2,50,000; CGST = 1,50,000; SGST = 1,50,000

The total input tax credit available is more than output tax liability. Can anyone help with the order of utilization of input tax credit. Have got a similar case and same needs to be filed.

Thanks in advance 

 

Replies (3)
IGST Input of Rs 2.5 Lacs will 1st be used to set off IGST Liability of Rs. 1 lac, then CGST liability of Rs. 50 K & then SGST
igst-igst,igst 50000+cgst 150000-cgst liablity,
igst 50000+sgst 150000=sgst 200000

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