Menu
Offset IGST Liability with SGST
can IGST Liability be offset with ITC of SGST before exhaust of ITC of CGST , kindly clarify?
Replies (3)
Yes you can set off IGST liability with SGST or CGST. Read rule 88A
Hi, I need some clarification, till 88A rule implemention in GST common portal, we have to offset gst as per old rules right? if we want to offset as per rule 88A, is there any circular for that? I have not seen any official word regarding this,
As per GST Rules
IGST needs to be first offset against IGST Dues, then CGST Dues and then SGST Dues
this cannot be changed as system is designed in a way to prevent this from happening.
Recent Threads
- Updated ITR as missed the dead line
- Change if place of business l
- Purchase from unregistered dealer garments busines
- TDS DEDUCTED BUT NOT PAID BY EMPLOYER
- GST RCM GTA
- TDS Challan interst amount wrongly paid as surchar
- Query on TDS & Stamp Duty
- Query on form 26QB and TDS deduction
- Received this confusing IT notice. How to reply
- Houston Sign Company For Custom Signs, Banners &am
Related Threads
CAclubindia
