If I have inward supplies within state cgst and sgst but outward supplies outside state igst
Does I have to pay the igst in cash or it will be adjusted from cgst and sgst
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GSTR3B
Replies (4)
CGST and SGST credit shall be first utilized for payment of CGST and SGST. Thereafter, the remaining credit shall be utilized to pay IGST liability.
The main restriction is that the CGST credit cannot be utilized for payment of SGST or UTGST and vice versa.
If I have no outward supply within state and the ITC available is in cgst and sgst
Can it be utilised for igst
Can it be utilised for igst
yes , you can adjust your input with outward IGST.
@ Pawan Gupta.,
Yes... You can utilize Your CGST & SGST ITC to Your outward IGST...
You will feed Your details in GSTR 3B return. It's automatically utilize Your Tax Liability...
Also You ll give Your values and Experts give suitable reply to You.
Yes... You can utilize Your CGST & SGST ITC to Your outward IGST...
You will feed Your details in GSTR 3B return. It's automatically utilize Your Tax Liability...
Also You ll give Your values and Experts give suitable reply to You.
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