Question

25 transaction for accounting equation,journal,ledger,trial balance,cash book, adjustment, trading account , p and l account and balance sheet for class 11th

Answer 1

IGST: After the IGST input tax credit is used for payment of IGST then the remaining ITC can be used to pay tax liability under CGST and SGST. ... SGST: The SGST input tax credit cannot be used to pay the CGST liability but can be used to pay the liability under CGST.