Menu
igst set off
from 1st april 2019 is there any changes have been made in setoff igst and cgst and sgst.
Replies (1)
There is a change in utilisation of credit but w.e.f 1st Feb'19. The change is that, IGST credit should be utilised first against the liability of IGST, CGST/CGST.
That is credit of CGST/SGST can be utilised only when IGST credit is exhausted..
Refer circular
Link https://www.cbic.gov.in/resources//htdocs-cbec/gst/Circular-98-17-2019-GST.pdf
Recent Topics :
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
Related Topics :
CAclubindia
