Adjustment of igst through cgst and sgst.possible?

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 August 2017 Dear Experts
My query is that can we pay liability of IGST through ITC of CGST and SGST?

Plz answer

Thanks in advance

With regards

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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27 August 2017 Yes you can.

A. The Input Tax Credit under of CGST shall be:

1) first utilized towards the payment of output CGST
2) then towards the payment of output IGST
3) CGST can’t be used to adjust SGST Liability.

B. The Input Tax Credit under of SGST shall be:

1) first utilized towards the payment of output SGST
2) then towards the payment of output IGST
3) SGST can’t be used to adjust CGST Liability.

C. The Input Tax Credit under of IGST shall be:

1) first utilized towards the payment of output IGST
2) then towards the payment of output CGST
3) then towards the payment of output SGST

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