Balance in electronic credit ledger under IGST can be used against which liability?

Related MCQs

• Suppose Mr. Y has a IGST credit of ` 14 lakhs in his ITC ledger and at the same time, he has a IGST liability of ` 7 lakhs, CGST liability of ` 8 lakhs and SGST liability of ` 5 lakhs. What an amount should be deposited by Mr.Y to his E-Cash ledger maintained at the GSTN portal?
• Balance in electronic credit ledger under CGST can be used against which liability?
• Balance in electronic credit ledger under SGST can be used against which liability?
• Balance in electronic credit ledger can be utilized against which liability?
• Suppose Mr. X has a SGST credit of ` 10 lakhs in his ITC ledger and at the same time, he has a CGST output liability of ` 7 lakhs. What an amount should be deposited by Mr. X to his E-Cash ledger maintained at the GSTN portal
• Cross-Utilization of credit of available IGST after utilization towards payment of IGST is done in the following chronological order :
• Input Tax credit as credited in Electronic Credit ledger can be utilized for
• The available balance of input tax credit in the electronic ledger of the registered person on account of Union territory tax shall be utilised as per section 9 of UTGST Act, 2017
• Patel of Surat, Gujarat supplied good to Patil of Mumbai, Maharashtra for ` 1,20,000 (excluding GST) but after adding 30% profit margin (on cost). Patil is also a taxable person. IGST rate is 18%. The amount of input tax credit that can be availed and the maximum time limit for availing such input tax credit by Patil of Mumbai, Maharashtra as per CGST Act, 2017 is
• Does cancellation of registration under CGST affect the liability under SGST/IGST for period prior to cancellation of registration?