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IGST and CGST distribution.
How does the IGST & CGST gets distributed to the states.
Replies (8)
Quick Summary
If you have excess ITC in IGST, you should adjust on CGST first, then, rest of the ITC can be used on SGST.
If you adjust wrongly, any payable raise. You will get notice from state government DRC-01A, u/s 73 CGST act.
Thanks 🙏
@ Mr GANESH BHAT,
PLEASE GO THROUGH THE LINK... YOU CAN GET SOME CLARITY ABOUT DISTRIBUTION OF GST TO CENTRE AND STATE GOVERNMENT...
https://vakilsearch.com/blog/gst-share-between-central-and-state/#:~:text=The%20GST%20revenue%20is%20shared,%25%20CGST%20and%209%25%20SGST.
PLEASE GO THROUGH THE LINK... YOU CAN GET SOME CLARITY ABOUT DISTRIBUTION OF GST TO CENTRE AND STATE GOVERNMENT...
https://vakilsearch.com/blog/gst-share-between-central-and-state/#:~:text=The%20GST%20revenue%20is%20shared,%25%20CGST%20and%209%25%20SGST.
IGST AND CGST DISTRIBUTION
Adei Narayanaa...
Athu query oda thalaippu da thampi...
(That's query's heading bro)
Athu query oda thalaippu da thampi...
(That's query's heading bro)
I know hgats querry heading but some thing has to be done. Generally when we collect gst , its distributed equally.
If You know then why You copy paste of Heading...??
When u do not understand keep quiet
| Originally posted by : sabyasachi mukherjee | ||
 |
When u do not understand keep quiet |  |
I can't understand Your reply Sir...
Please elaborate Sirr...
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