GST set off rule in case of itc reversal

During the month of january, only itc IGST reversal liability Rs. 120000, in electronic credit ledger IGST input is nil but CGST and SGST input Rs. 700000 and Rs. 600000 we can utilise this input for paying igst input reversal liability? If possible what is order of utilisation  what is closing balance of cgst and sgst after utilisation?
Replies (2)
Quick Summary
This discussion clarifies the rules for setting off Goods and Services Tax (GST) Input Tax Credit (ITC) reversals. Specifically, it addresses whether CGST and SGST input tax can be used to cover an IGST reversal liability when the IGST input credit is nil. The consensus is that CGST and SGST can indeed be used, with the taxpayer having the flexibility to decide the proportion, provided IGST is utilised first if available.

IGST liability can be setoff from both CGST and SGST.

Both CGST and SGST can be used equally to setoff the liability

per existing provisions, whatever amount of CGST and whatever amount of SGST can be used for set off.

It is taxpayer wish. 

Only condition is, if IGST is available, it should be used first.

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