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Set off query of gst
can i set off my cgst credit ledger balance against liability of sgst payable at the time of filing gstr 3b
Replies (9)
No, it's not possible...
CGST can't set off to SGST...
and the same manner applied as SGST can't set off to CGST...
CGST can't set off to SGST...
and the same manner applied as SGST can't set off to CGST...
Yes. You can do it but you have to transfer the balance from one head to another head using PMT transfer form
Credit ledger balance can't through PMT...
Cash ledger only can do through PMT...
Cash ledger only can do through PMT...
Cash ledger balance can transfer, this is confirmed
Yes, Cash ledger balance can be transferred...
But, Credit Ledger balance Can't...
But, Credit Ledger balance Can't...
If cgst credit ledger balance excess because of interstate purchase,intrastate purchase also and sale is intrastate then what to do , it only accumulate cgst credit balance.
If possible then Plan to purchase intrastate
Yes you can provided there are other norms.
How can CGST balance be excess due to interstate purchase? IGST is charged on interstate supply. ITC of IGST can be utilised for discharging liabilities of IGST, CGST and SGST.
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