Itc on interstate gst

obeid (learner) (292 Points)

29 June 2017

What are the taxes to charged?

1) Local Sale

2) Inter State Sale

Our slab is 18% and for some items 5%

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Srinivas (Officer) (106 Points)
Replied 29 June 2017

for local sale SGST & CGST 50 : 50 Ratio
for interstate sale IGST 100%

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obeid (learner) (292 Points)
Replied 29 June 2017

Thank You

IGST ITC from interstate puchase can be adjusted against output CGST and SGCT ?

Neelam Bhaktani (None) (43 Points)
Replied 29 June 2017

Yes, you can take credit of IGST against CGST & SGST.

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Vineeth PN (Account Assistant) (687 Points)
Replied 29 June 2017

for 18 %

CGST 9 % , SGST 9 % & IGST 18 %

for 5%

CGST 2.5 %, SGST 2.5 % & IGST 5 %

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