Gst adjustment
This query is : Resolved
02 April 2019
As on 28/02/2019 my excess credit balance on account of SGST was Rs 19,000. Can we pay CGST liability for the month of March 2019 out of the excess credit of SGST ? Please guide me and oblige,
02 April 2019
SGST credit cannot be used to discharge CGST liability.
02 April 2019
Whether it would be possible in future so that any kind of liability of SGST CGST IGST can be paid by excess credit of any of these three. Nothing will be restricted on this issue.
03 April 2019
Let us hope so.
As soon as the government will realise that all the States and UTs of our country are integral part of Union of India, it will issue notification. (Humour)
As soon as the government will realise that all the States and UTs of our country are integral part of Union of India, it will issue notification. (Humour)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- Should I report my US salary for January, February, March in Schedule FA?
- GST ON EXPORT COMMISSION
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
