IGST Liablity
parichay singhal (11 Points)
17 December 2019
Can we set-off IGST liablity directly from SGST balance??
parichay singhal (11 Points)
17 December 2019
Deepak Gupta
(CA Student)
(15922 Points)
Replied 17 December 2019
If there is any SGST liability, first set-off that with SGST ITC. Then you can use the remaining ITC of SGST to set-off IGST liability.
Ravi SADhiyan
(Practice)
(4510 Points)
Replied 17 December 2019
I agree with Mr. Deepak Gupta
SGST ITC
First Setoff with SGST Liability
afterthat setoff IGST Liability
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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