SETOFF RULES IN GST .......Doubt please help me

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3145 Points Posted on 20 March 2023
what is the current set of rules in GST, how to properly realisation of input tax credit setoff ...plse I need setoff chart
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On 20 March 2023 at 21:22 Report
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Quick Summary
This discussion clarifies the current rules for setting off Input Tax Credit (ITC) under GST. It explains that IGST can be used for IGST, CGST, and SGST liabilities. CGST ITC must be used for CGST first, then IGST, while SGST ITC is for SGST first, then IGST. The user is seeking a clear set-off chart for better understanding.

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CFO- at NHTF
58280 Points Posted on 20 March 2023
You may take ITC based on GSTR-2B.

IGST can be used for IGST , CGST , SGST
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On 20 March 2023 at 23:06
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3145 Points Posted on 21 March 2023
Remaining ITC utilities sir eswar Reddy sir???
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On 21 March 2023 at 04:26
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CFO- at NHTF
58280 Points Posted on 21 March 2023
CGST ITC can be utilised for CGST first and then for IGST Liability

SGST ITC can be utilised for SGST liability first and then for IGST Liability
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On 21 March 2023 at 10:03
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Profession
28271 Points Posted on 21 March 2023
Pls provide set off chart.
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On 21 March 2023 at 12:11

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