Easy Office
Easy Office

IGST Output from CGST Input and IGST Input

This query is : Resolved 

24 October 2023 IGST Output whether can be adjusted with CGST Input and SGST Input.

24 October 2023 Yes, IGST Output can adjusted with CGST Input and SGST Input.

15 January 2024 A taxpayer can utilise IGST credit in any proportion and in any order, but the condition is to completely utilise the IGST credit before using CGST or SGST credit. So IGST credit has to be utilised first as per the new system of set-off, only after which, can CGST or SGST/UTGST be set-off.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries