ITC i.e Input of CGST,SGST,IGST all are LOWER compared with OUTPUT of CGST,SGST,IGST. Then How payment will be made ? Should we pay difference of seperate heads under that particular head ?For example CGST output minus CGST input should be paid under CGST head and similarly OTHERS.
In july 3B one Input service bill remained missing and we can not claim ITC for SGST & CGST Inputs of This Bill. Should we take ITC of this Bill while filing 3 B of August and make payment of excess output taxes for the month of August taking credit of this ITC ?
An immediate reply will help me much , as tomarrow is LAST DATE for filing 3B of AUG. month.
Please reply.
CAclubindia
