Dear CA's
ITC of UTGST credit amount can we use SETOFF for cgst and sgst ??? plse explain me...
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Regards GST ITC
Replies (7)
There are 28 States and 8 Union Territories in India . SGST is used in Sates and UTGST in Union Territories.
So if you are supplier from Union Territories, he only Can charge CGST and UTGST with in Union Territories , like in States we charged CGST and SGST .
So if you are supplier from Union Territories, he only Can charge CGST and UTGST with in Union Territories , like in States we charged CGST and SGST .
So finally can I set of UT GST credit to see cGST only
No , you Can not setoff UTGST against CGST ,as per section 49(5)(d) of the CGST act, please refer.
@ UTST only for UTGST
Please refer section 49(5)(d) , you will get over all information.
Thanks sir 👍
UTST credit can only be use for UTGST output
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