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INPUT TAX CREDIT

ITC / Input 200 views 2 replies
how can we set off igst and cgst and sgst
what is the process to take itc?
Replies (2)

As per rules effective 1st February 2019, the following rules will apply for any tax payments made –

Payment for First set off Then set off
SGST IGST SGST
CGST IGST CGST
IGST IGST CGST and SGST

 

Can be manually setoff but yes first have to exhaust you IGST balance


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