IGST and CGST distribution.
GANESH BHAT (18 Points)
05 February 2024
How does the IGST & CGST gets distributed to the states.
8 Replies
Saravanan nagaraj
(463 Points)
Replied 06 February 2024
If you have excess ITC in IGST, you should adjust on CGST first, then, rest of the ITC can be used on SGST.
If you adjust wrongly, any payable raise. You will get notice from state government DRC-01A, u/s 73 CGST act.
Thanks 🙏
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 06 February 2024
@ Mr GANESH BHAT,
PLEASE GO THROUGH THE LINK... YOU CAN GET SOME CLARITY ABOUT DISTRIBUTION OF GST TO CENTRE AND STATE GOVERNMENT...
https://vakilsearch.com/blog/gst-share-between-central-and-state/#:~:text=The%20GST%20revenue%20is%20shared,%25%20CGST%20and%209%25%20SGST.
PLEASE GO THROUGH THE LINK... YOU CAN GET SOME CLARITY ABOUT DISTRIBUTION OF GST TO CENTRE AND STATE GOVERNMENT...
https://vakilsearch.com/blog/gst-share-between-central-and-state/#:~:text=The%20GST%20revenue%20is%20shared,%25%20CGST%20and%209%25%20SGST.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 07 February 2024
Adei Narayanaa...
Athu query oda thalaippu da thampi...
(That's query's heading bro)
Athu query oda thalaippu da thampi...
(That's query's heading bro)
sabyasachi mukherjee
(27579 Points)
Replied 09 February 2024
I know hgats querry heading but some thing has to be done. Generally when we collect gst , its distributed equally.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 09 February 2024
If You know then why You copy paste of Heading...??
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 10 February 2024
| Originally posted by : sabyasachi mukherjee | ||
 |
When u do not understand keep quiet |  |
I can't understand Your reply Sir...
Please elaborate Sirr...
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