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regarding gst payment

01 March 2019

I have output igst - 331000. cgst -85000. sgst - 85000. and input igst 6880. Cgst. 200000. sgst. 200000 and previous month balance sgst 73000. how much I pay tax as per new rule.

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7 Replies

Harshit Panjwani (CA in Practice) (591 Points)
Replied 01 March 2019

Total GST to be paid in cash will be = ₹85000/- (CGST=85000)

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kundan singh (99 Points)
Replied 01 March 2019

new rule is applicable from

Harshit Panjwani (CA in Practice) (591 Points)
Replied 01 March 2019

It is applicable from 01st of February, 2019

shiv shankar rawat student CMA (Manager) (263 Points)
Replied 01 March 2019

what is new rule applicable

sahayaraj A (Accountant) (43 Points)
Replied 01 March 2019

I Can't Understand How CGST Payable Came Rs. 8500/- Kindly share the Calculation Method?

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Harshit Panjwani (CA in Practice) (591 Points)
Replied 01 March 2019

Sir as per revised provisions first we have to utilize the balance of IGST then we have to utilize the balance available in CGST and in SGST in the respective order. Intra head adjustments will not take place at first step, we will pay IGST first then CGST and SGST in the respective order. Kindly go through recent changes, hope you got!!