Dear sir
with respectfully I beg to say that cgst and sgst of one state i
s set-off itc on cgst or sgst of another state in case of renting of immovable property
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regarding itc
Replies (4)
Input tax credit of one state cannot utilised for payment of liability of other state. There is no restriction for CGST.
No , u cannot do so
why I can not do so
It will be like reducing the revenue for the other state where you will utilise the credit.
And technically also not possible I guess. Suppose:-
U r in WB and purcasing goods availing SGST-ITC and CGST-ITC, selling goods in WB and paying SGST-liabilty and CGST-liability. How can you avail SGST-ITC of another state?
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