If I have output liability of IGST, can I use CGST & SGST input credit for settling it ?
5 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 22 March 2021
Yes you can set off IGST against CGST and SGST
Pramod Limaye
(Chartered Accountant)
(172 Points)
Replied 22 March 2021
Yes, you can. However, you have to consume IGST input tax credit first.
JASKARAN SINGH
(430 Points)
Replied 22 March 2021
Yes..... everything is use vise versa, except cGST and Sgst can't be sett off with each othera
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 22 March 2021
Yes you can use CGST & SGST input credit for set off
RENU SHARMA
(1388 Points)
Replied 22 March 2021
Yes you can set off the liability of igst with cgst and sgst but you can't set off the cgst with sgst . sgst with csgt.
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