How to adjust from IGST ITC

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Accounts Manager
32 Points Posted on 19 January 2023
Avail IGST ITC ₹ 10,45,692/-
CGST payable Tax ₹ 3,16,923/-
SSGT payable Tax ₹ 3,16,923/-
how to adjust in GSTR 3B
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On 19 January 2023 at 07:32 Report
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Quick Summary
This discussion explains how to utilise your IGST Input Tax Credit (ITC) when it exceeds your CGST and SGST payable amounts. The process involves first setting off the IGST ITC against the CGST liability, and then using any remaining credit to cover the SGST payable amount. This ensures you make the most of your available IGST ITC for GSTR-3B filing.

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52 Points Posted on 19 January 2023
Igst>Cgst>sgst

so assuming there's no Igst payable, first you've to set it off against Cgst and then against sgst
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On 19 January 2023 at 07:54
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Senior Assistant
218 Points Posted on 19 January 2023

As IGST ITC> CGST payable+SGST payable

Use IGST ITC for both CGST payable and SGST payable.

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On 19 January 2023 at 11:10

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