CA Anoop Kumar Sharma
(Accounts Manager)
(2065 Points)
Replied 30 May 2024
The IGST of 97,294 should first be offset by the IGST output of 4,973. The remaining IGST balance can then be fully offset against either CGST of 92,321, SGST of 92,321, or split equally between both, according to your preference. Ultimately, the IGST balance will be zero after this offsetting process.
sabyasachi mukherjee
(27574 Points)
Replied 02 June 2024
CA Raj Doshi
(Practising CA)
(8924 Points)
Replied 03 June 2024
| Originally posted by : sabyasachi mukherjee | ||
 |
Set off gst liability from balance of input tax credit |  |
Thankyou sir 🤣🤣🤣
CAclubindia
