Dear All,
please clarity how IGST will be adjusted when selling in CGST and IGST basis.
Output IGST can be adjusted in the follwing order:
input IGST
Input SGST
Input CGST
12 Replies
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 22 June 2017
When you are selling goods and charging IGST or CGST and you have input of IGST then:
Input of IGST shall be adj against IGST first and remaining against CGST
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 22 June 2017
| Originally posted by : upasana gupta | ||
 |
Output IGST can be adjusted in the follwing order: input IGST Input SGST Input CGST |
 |
CGST and then SGST
HARIDASS CHUNDER
(14 Points)
Replied 22 June 2017
and how I adjusted IGST with selling with SGST & CGST basis ( invoice raise within state)
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 22 June 2017
IGST will be first adj against CGST & then SGST
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 22 June 2017
Yes., I agreed above steps ITC
CA Bhargav Nathwani
(CA in Practice)
(8307 Points)
Replied 22 June 2017
IGST credit:
first IGST
then CGST
then SGST
CA Bhargav Nathwani
(CA in Practice)
(8307 Points)
Replied 22 June 2017
| Originally posted by : upasana gupta | ||
|
Output IGST can be adjusted in the follwing order: input IGST Input SGST Input CGST |
|
wrong
first CGST then SGST
CA NEERAJ SHARMA
(practice)
(408 Points)
Replied 23 June 2017
CREDIT AVAILABLE ADJUSTMENT AGAINST
IGST - > IGST->CGST->SGST
CGST -> CGST->IGST
SGST -> SGST->IGST
JITENDER NATH GUPTA
(GM F & A)
(36 Points)
Replied 16 August 2017
Wrong
IGST Input adjustment
Ist agt IGST Output
Than if any balance adjust agt CGST
than if any IGST input balance adjust SGST
Deepanshu Mishra
(Industrial training)
(22 Points)
Replied 17 August 2017
IGST PAYMENT IN WRONG IN ADJUST AMOUNT IN SAME MONTH ?
PRABIR PAUL
(*****Accountant***** Never insult to any person for any kind of lack of knowledge or misread.)
(1443 Points)
Replied 17 August 2017
IGST Can be set off :-
First IGST.....
then CGST......
then SGST......
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