Hi Friends,
One person is having an IGST ITC of Rs. 15000. CGST & SGST is Rs. NIL.
Can this Rs. 15000 IGST be set-off against CGST & SSGST (Output tax) payable? CGST & SGST payable is Rs. 5000 each and Rs. 5000 ITC IGST can be carried forward right ?
Regards,
Aravind.K