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set off ITC

ITC / Input 166 views 3 replies
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134 Points Posted on 21 April 2018
Generally IGST excess credit should be first utilized for CGST then balance IGST ITC should be used for SGST,but i have SETOFF IGST excess ITC equally to CGST and SGST, would it leads to any problem?
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On 21 April 2018 at 09:39 Report
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GST Practitioner
55067 Points Posted on 21 April 2018
no , not at all , & in 3b it accepting also
301 Reply
On 21 April 2018 at 10:12
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Practicing CA
7756 Points Posted on 21 April 2018

system is accepting ,

but order of utilisation is wrong as per law. IGST first should be used for IGST , CGST then SGST. 
 

25 Reply
On 21 April 2018 at 11:01
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134 Points Posted on 21 April 2018
what i has to do know? Does it leads big problem to me?
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On 21 April 2018 at 11:05


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