IGST Tax

21 February 2019

Sir here i left IGST tax of 1,500/- but i have ITC in CGST SGST can i setoff IGST tax against CGST/SGST?? Plz respond...

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6 Replies

CA Naveen Chand (Chartered Accountant) (12729 Points)
Replied 21 February 2019

yes you can cgst input can be set off agnt igst and then sgst input will be . . .

balance to be paid in cash under igst

1 Like

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 21 February 2019

Yes... You can set off Your CGST and SGST ITC to IGST Tax Liability.

2 Like

HANNAN SHAIK (291 Points)
Replied 21 February 2019

Thank You Sir ji

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 21 February 2019

You are most welcome Dear...

1 Like

Priya Kashyap (Student) (7053 Points)
Replied 21 February 2019

Your IGSt output tax liability can be setoff against Cgst and SGST- in the following order:
1. IGSt
2. CGst
3.sgst

1 Like

pritesh (CA Final student) (7101 Points)
Replied 21 February 2019

yes you can set off and proceed further

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