Setoff query gst

This query is : Resolved

deepak (Querist)
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09 March 2025 One person import of goods and paid igst to custom department and Igst amount reflected under GSTR-2B. So can he take IGST amount credited against local CGST and SGST liability setoff?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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09 March 2025 Yes. You can set off the IGST paid on import (as reflected in GSTR-2B) against CGST and SGST liabilities if there is excess IGST available after adjusting against IGST liabilities.

deepak

deepak (Querist)
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09 March 2025 We have no IGST liability. We have only CGST and SGST liability. So can we take ITC of Import IGST paid credit against CGST and SGST?

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Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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09 March 2025 Yes, eligible...