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Utilisation of Balanace in cash Ledger
We have paid excess CGST & SGST in last month..which was laying in our cash balance , can i use the same against IGST liability this month?
Replies (4)
No...
In GST we can't cross utilize our Cash Payments.
We will set off only the same head of Payment...
So,
You can utilize the Excess payment of CGST and SGST will be the same head of CGST and SGST only.
In GST we can't cross utilize our Cash Payments.
We will set off only the same head of Payment...
So,
You can utilize the Excess payment of CGST and SGST will be the same head of CGST and SGST only.
Ok..thanx
You are welcome Dear
PLEASE SIR THE ABOVE METTER IS I HAVE TO SAY IGST PAYABLE = CGST+SGST , SO WHY HE CAN'T UTILIZED THE PRACTICALY EXCESS IS UTILISED IN THIS MONTH LIABALITIES....
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