GST: Old & New Set off Rules in a Chart

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GST: Old & New Set off Rules in a Chart

GST: Old & New Set off Rules in a Chart

 

Old GST Set Off Rule

Tax Credit to be set off Order to  utilisation
IGST  Output IGST Input – CGST Input – SGST Input
CGST  Output CGST Input – IGST Input
SGST   Output SGST Input – IGST Input

 

New GST Set Off Rules  w.e.f  1st Feb 2019

 

Tax Credit to be Set Off Order Utilisation
IGST  Output IGST Input – CGST Input – SGST Input
CGST  Output IGST Input –CGST Input

(Chenged  w.e.f .  1-2-2019)

SGST   Output IGST Input – SGST Input

( Chenged  w.e.f  1-2-2019 )

 

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