Can we adjust 18% GST input (IGST / CGST / SGST) with output GST 12% (IGST / CGST / SGST) ???
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Gst adjustment possible ???
Replies (6)
yes...u can take
Yes and u can also claim for refund
Yes. You can adjust your ITC to the following way,
IGST = 1. IGST 2. CGST and 3. SGST
CGST = 1. CGST and 2. IGST (Not available adjustment CGST to SGST)
SGST = 1. SGST and 2. IGST (Not available adjustment SGST to CGST)
Also you get refund if you have any Input Tax...
In Vat resime we fill return first then pay tax .
In gst resime we have to follow the same procedure ??
or we have to pay tax before filling the return ??
It's your choice....
It's your choice....
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