Scenario is We have more IGST sales and purchases are mostly from CGST and SGST. so since IGST is more, we have to pay it even when there is credit available. how does this aspect works. Also if most of the sales billing is IGST then how the credit will be utlised?
09 May 2024
Please refer to offset rules CGST can be used against CGST and IGST SGST can be used against SGST and IGST The system allows to change the proportion in which you want to utilize CGST and SGST against IGST
CAclubindia
