Is Cross utilization of IGST, CGST and SGST permitted?


Utilization of input under CGST, IGST and SGST


Input Tax in CGST, SGST and IGST

Is Cross utilization of IGST, CGST and SGST permitted
CGST = Input Tax Credit can be utilized for CGST and IGST


SGST = Input Tax Credit can be utilized for SGST and IGST


IGST = Input Tax Credit can be utilized for IGST, CGST and SGST



Very simple, as per GST Act, input tax credit of CGST and SGST cannot be cross utilized.

 

Relation Information links:

 

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Arindam sen gupta: other state sale (IGST) and local state purchase(CGST + SGST). how to pay tax

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