medium10 pts · first answer countsgstinput-tax-credit
Using IGST credit against CGST and SGST
A business has IGST input credit of ₹10,000 and no other credit. Its output liability for the month is CGST ₹6,000 and SGST ₹6,000. How much must be paid in cash?
Discussion 0
Join free to post in the discussion.
Related questions
- GST split on a sale within the stateAccountant
- Where GST collected belongsAccountant
- GST composition schemeAccountant
- GST payable after input tax creditAccountant
- Tax on a sale to another stateAccountant
- GST under reverse chargeAccountant
- ITC on a staff partyAccountant
- What the IRN is in e-invoicingAccountant