IGST ITC UTILISE FOR SGST
ommahadev 7 (136 Points)
01 March 2020
I HAVE IGST ITC, can i utilise for SGST
5 Replies
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 01 March 2020
In the march 2019 & April 2019- There was Amendment..
But IGST ITC should be first utilised against IGST liability.Only balance if any can be utilized for CGST or for SGST
But IGST ITC should be first utilised against IGST liability.Only balance if any can be utilized for CGST or for SGST
CA CS LAVESH VASYANI
(PARTNER)
(215 Points)
Replied 01 March 2020
Yes credit of igst can be utilized for payment of sgst.
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 01 March 2020
Yes offcourse first IGST balance need to be fully exhausted
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