Dear sir kya cgst or sgst ka payment igst ka amount sa kar sakta h.
I am file for return total sale for 369000 and recover for cgst and sgst 53000t total amount. and I am purchase for goods inter state igst amount 83467 . itc for igst 83467 against set off for cgst and sgst amount.
Menu
set off rule
Replies (2)
Balance of Input IGST after deducting Output IGST can be used to set-off CGST and SGST liability.
Sec. 49(5)(a) of the CGST Act, 2017, “integrated tax shall first be utilised towards payment of integrated tax and the amount remaining, if any, may be utilised towards the payment of central tax and state tax, or as the case may be, union territory tax, in that order.”
Yes. IGST can be set off against CGST and SGST.
Recent Topic
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
Related Topics
CAclubindia
