Dear Experts🙏... I purchase goods in interstate and intra state. I sell goods only in Tamil Nadu. While filing GST return, the IGST amount is fully shown in CGST only.
So in my opinion can I claim this IGST ITC amount as Output Due 50% CGST and 50% SGST.
Are there any restrictions on this?
Menu
IGST ITC utilize CGST and SGST
Replies (2)
Quick Summary
Hi Bilal,
It is advisable to utilise IGST ITC completely for the CGST liability. I dont think there will be any impact.
Thanks,
Bhavana CA
It is advisable to utilise IGST ITC completely for the CGST liability. I dont think there will be any impact.
Thanks,
Bhavana CA
Igst input u can utilise against cgst n sgst liability in any manner.
Recent Topics :
- Hotel stay below Rs.1000/- GST applicable or exemp
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Generate E-Way Bill for 4 Nos. Suppliers Involveme
- Section 54F Exemption
- Would you use a free, open-source alternative to s
- Business & Finance
- Report in GSTR 1 ( Credit Note ) for Wrong GST Rat
- Reply of summons issued under section 70 of the cg
- How to Bulk GSTIN Number Verify and Validation
- OPC Annual Filing Defaults – Need Guidance t
Related Topics :
CAclubindia
