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igst set off against cgst and sgst
can we discharge our igst liability from cgst or sgst credit?
Replies (4)
|
Input tax |
Output tax |
|
IGST |
IGST CGST SGST |
|
CGST |
CGST IGST |
|
SGST |
SGST IGST |
|
UTGST |
UTGST IGST |
Cross-utilization of credit is available only as above in that order. The main restriction is that the CGST credit cannot be utilized for payment of SGST or UTGST and vice versa.
yes you can, but only after
adjustment to CGST & SGST.
As stated by Mr. Deepak Gupta.
As stated by Mr. Deepak Gupta.
thank Mr Deepak Gupta
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