igst input

ITC / Input 144 views 5 replies
is the igst input can not avail frm feb 2019 is it correct
.
Replies (5)
No.... It's not wrong.


Where You read such provisions or news...?!
one of the consultant saying frm feb 2019 its effected . i read one article.
Can You give the article link...?!


If IGST input then why GST...? Then who can business into interstate transactions in GST...?



Some of fake news the above. Don't be consider the fake...
and to day i have filed gst 3b.i have igst credit 8500/ i paid cgst & sgst while off setting liability igst not offsetted i have paid said igst amount by cash.
then returned filled
while i saw in credits my cash balance is showing with this 8500
pl.chk & reply
It's very simple...

Cash payments can't adjustable to any other heads...
Only adjustment to same head...



IGST "ITC" (which is from inward supplies) only adjustable to other heads like CGST & SGST...


CCI Pro

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