CAN I CLAIM IGST PURCHASE ( INPUT ) AGAINST SALES WITHIN STATE ?

170 views 2 replies
User Avatar

Nothing
2000 Points Joined June 2012

Suppose I have IGST on purchase outside state related to MAY 2019 of Rs 54000/=( INPUT TAX )  and For the month of Mar 2020 I have CGST & SGST sales within state i.e, Rs 19000/= ( OUTPUT TAX ) , 

My question 

At present Can i claim above input of IGST against CGST & SGST ( Sales within State ) ?

Regards

0 Reply Share Follow
On 02 June 2020 at 12:26 Report
Replies (2)
User Avatar

ca
79 Points Joined February 2014
Yes you can
Reply
On 02 June 2020 at 14:55
User Avatar

GST Practitioner
55067 Points Joined June 2017
Yes IGST balance can be adjusted with CGST/SGST.

(Can refer Rule 88A of CGST Act)
Reply
On 03 June 2020 at 00:25

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading