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Input tax credit in gst

James Antony FCA, CISA (Chartered Accountant) (135 Points)

28 January 2017

Experts, Please give me a clarification.

If I have inward Supply of Services with CGST and SGST in Say Tamil Nadu and I have outward Intra State Supply in Kerala with CGST and SGST, can I set off the same?

Example, I have CGST + SGST collected from Intra State supply within Kerala. But I have a hotel accommodation bill (incurred for the purpose of business) from Chennai in which CGST + SGST is charged. Can I set off input tax credit of Chennai bills with output tax of Kerala?

Or in other words, Can CGST and SGST in one state can be set off against CGST and SGST of another state?

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4 Replies

Prashant Sharma (CA) (389 Points)
Replied 28 January 2017

Manner in which you can set off IGST SGST and CGST is as follows

1 IGST can be used first for

A) IGST than
B) CGST
C) SGST

2. CGST can be used for

a) CGST if any remains used only for
b) IGST

3) SGST similar as CGST

a) SGST
b) IGST

You can not used CGST balancto set off SGST and vice versa.

Sequence of claim set off remains same it cannot be change.

James Antony FCA, CISA (Chartered Accountant) (135 Points)
Replied 28 January 2017

Sir

My query is whether CGST and SGST of one state can be set off against CGST and SGST of another state?

Prashant Sharma (CA) (389 Points)
Replied 28 January 2017

Yes
according to my information

Mukesh Kumar (Accounts Manager) (1466 Points)
Replied 28 January 2017

DEAR SIR, ,,,,,,,,,,,,,YOU CAN SET OFF SGST TO SGST OR IGST FOR SAME STATE NOT ANOTHER STATE,, ,,,,,,,,,,,,SAME CGST CAN SET OFF CGST OR IGST ANY STATE BUT YOU HAVE SAME PAN CARD OF ALL TRANSACTION