Regarding utilization

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accountant
564 Points Posted on 31 January 2020
RESPECTED ALL MEMBERS
IN GSTR3B WHILE OFFSET LIABILITH CHANGES ALLOWED OR NOT
EX.
PARTICILAE IGST. CGST. SGST
OUTPUT. 25000. 460000. 460000
INPUT. 500000 360000. 360000
SO
IGST ADJUST IGST 25000
than 460000 FULLY SGST ADJUST ALLOWED OR NOT.
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On 31 January 2020 at 15:40 Report
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Quick Summary
This discussion clarifies the rules for utilising IGST in GSTR 3B. It confirms that IGST must be fully utilised against IGST liability first. Any remaining IGST balance can then be used to offset CGST and SGST liabilities, as per Rule 88A of the CGST Rules.

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Studwnt
1141 Points Posted on 31 January 2020
IGST shall be fully utilised first so yes balance of IGST can be utilized for cgst/sgst
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On 31 January 2020 at 15:44
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17 Points Posted on 31 January 2020
As per rule 88a of cgst rule...it is correct.
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On 31 January 2020 at 17:04

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