Menu
utilisation of sgst and cgst input credit
What if there is no igst itc but only igst liability? Please tell the order to use sgst and cgst credit against igst liability as per new rule.
Replies (6)
you van adkusted with input credit
First i think it will be utilized against CGST and then SGST
First you have to adjust in same head then you can Cross Utilize with igst
CGst adjustment prior to sgst
After the amendment CGST and SGST credit can be utilised praportionately
plz refer Circular 98/17/2019 of CGST , Dt. ,23/4/2019
clarified with exemple therein circular
clarified with exemple therein circular
Recent Topics :
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
Related Topics :
CAclubindia
