Hemchand Kohli (Accountant) (889 Points)
21 December 2017We have input in the month of Sept for Rs. 500/- each in CGST & SGST and in October Output CGST and SGST is Rs. 250/- Each (Total 500) and IGST output is Rs. 1000/-
Can we adjust input available in SGST & CGST i.e. 500/- with IGST in the month of October.
Thanks
PRAKASH TRIVEDI
(82 Points)
Replied 21 December 2017
yes you can only after you have paid CGST AND SGST completely
Hemchand Kohli
(Accountant)
(889 Points)
Replied 21 December 2017
We have only credit avaible in the month of sept as no sale has been booked and october we have adjusted all credit available with CGST & SGST and balance available adjusted with IGST.
CAclubindia
