hi
I raise a bill in Mumbai and collect igst
what will be the effect?
can I get square off against gst paid on purchase ?
MILAN B. SHAH (consultant) (152 Points)
02 September 2017
Deenanath Saini
(48 Points)
Replied 02 September 2017
MILAN B. SHAH
(consultant)
(152 Points)
Replied 02 September 2017
MJ Monil Jasani
(75 Points)
Replied 02 September 2017
RANGANATH KUMAR MADDI
(PROPRIETOR)
(58 Points)
Replied 02 September 2017
IGST input credit can be set off against IGST first, if still available, it can be set off next against CGST and if still credit is there it can be set off against SGST. This is the order of set off . Cross adjustment of CGST and SGST not possible.
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