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set off GST or any other I GST etc
from which above tax one can deduct other Tax as set off claim? & full Tax will be available as set off? please reply.Thanks zoher
Replies (5)
CGST USED FOR PAYMENT OF CGST
SGST USED FOR PAYMENT OF SGST
IGST USED FOR PAYMENT OF IGST, CGST AND SGST SEQUNCELY.
BUT CGST NOT USED FOR PAYMENT SGST OR VIS VERSA.
SGST USED FOR PAYMENT OF SGST
IGST USED FOR PAYMENT OF IGST, CGST AND SGST SEQUNCELY.
BUT CGST NOT USED FOR PAYMENT SGST OR VIS VERSA.
IGST can be adjusted against the IGST, CGST and SGST
CGST can be adjusted against the CGST and IGST
SGST can be adjusted against the SGST and IGST
igst available can be set off to cgst or sgst ok
if igst available 2.5 lakhs
sgst payable 1.5 and cgst payable 2 lakhs then how to bifurcate 2.5 to both
cgst and sgst
if igst available 2.5 lakhs
sgst payable 1.5 and cgst payable 2 lakhs then how to bifurcate 2.5 to both
cgst and sgst
if sgst and cgst taxes are may not be equal ?
Available IGST 250000
First use for output IGST -NIL
Second use for CGst(200000)
now balance 50000 only
Use it for output Sgst.
Now balance SGST (150000-50000)Pay in cash.
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