®
TaxReply India Private Limited
GST Library
Login | Register
Best GST Library
Contact Us
Subscription Plans
GSTR-9 Manual New
GSTR-9C Manual New
GST News | Updates
GST Calendar
GST Diary
GST Notebook
GST Fees Manager New
GST Case Laws
GST Case Laws Sitemap
GST Notifications, Circulars, Releases etc.
Act & Rules
Act & Rules (Multi-view)
GST Rates
HSN Classification
GST Council Meetings
GST Set-off Calculator
ITC Reversal Calculator
E-invoice Calculator
Inverted Duty Calculator
GSTR-3B Manual
GST Forms
Full Site Search
E-way Bill
Finance Bill
GST Videos
About Us
Contact Us
Our Services
Print (Download)
GST Input Output Set-Off Calculator
| GST SET-OFF CHART | |||||
|---|---|---|---|---|---|
| GST | Output | Set-off from | Balance Output (to be paid in cash) | ||
| IGST (0) |
CGST (0) |
SGST (0) |
|||
| (A) | (B) | (C) | (D) | E = (A-B-C-D) | |
| IGST | 0 | 0 1 | 0 6 | 0 7 | 0 |
| CGST | 0 | 0 2 | 0 4 | 0 | |
| SGST | 0 | 0 3 | 0 5 | 0 | |
| TOTAL | 0 | 0 | 0 | 0 | 0 |
| Balance ITC | - | 0 | 0 | 0 | 0 |
#1
| IGST Output A/c | Dr. | 0 |
| CGST Output A/c | Dr. | 0 |
| SGST Output A/c | Dr. | 0 |
| To IGST Input A/c | Cr. | 0 |
| To CGST Input A/c | Cr. | 0 |
| To SGST Input A/c | Cr. | 0 |
| (Being GST Output set off from GST Input) | ||
#2
| IGST Output A/c | Dr. | 0 |
| CGST Output A/c | Dr. | 0 |
| SGST Output A/c | Dr. | 0 |
| To Bank A/c | Cr. | 0 |
| (Being Balance GST Output paid in Cash) | ||
Input Set-off order (As per revised Rule 88A)
Important Notes:
1. Amount of Step 2 & 3 can be inter-shifted (paritally or fully) by user as per his choice in the light of Rule 88A.
2. Our software uses a algorithm, which inter-shifts the set-off amounts from step-2 to step-3 and vice versa to give maximum benefit to taxpayer.
Checkout All Calculators
Digital GST Library
Plan starts from
₹ 3,960/-
(For 1 Year)
Dec
10 Dec
☑ Monthly | GSTR-7
GSTR-7 for the m/o Nov 2024 (For TDS Deductors u/s 51 - Section 39(3)).
☑ Monthly | GSTR-8
GSTR-8 for the m/o Nov 2024 [For TCS collection by E-Commerce Operators - Section 52(4)].
11 Dec
☑ Monthly | GSTR-1
GSTR-1 for the m/o Nov 2024 (Monthly Taxpayers) - N.No. 83/2020.
13 Dec
☑ Monthly | GSTR-5
GSTR-5 for the m/o Nov 2024 [Return by Non Resident Taxpayers - Rule 63 - Section 39(5)]
☑ Monthly | GSTR-6
GSTR-6 for the m/o Nov 2024 [For Input Service Distributors - Rule 65 & Section 39(4)].
☑ Monthly | IFF
IFF for the m/o Nov 2024 (QRMP Taxpayers, Optional) - Rule 59(2).
20 Dec
☑ Monthly | GSTR-3B
GSTR-3B for the m/o Nov 2024 (Monthly Taxpayer - Rule 61) - Either Compulsory taxpayer > 5 cr. or Voluntary taxpayer < 5 cr.
☑ Monthly | GSTR-5A
GSTR-5A for the m/o Nov 2024 [Return by OIDAR Service Providers - Rule 64.]
25 Dec
☑ Monthly | PMT-06
PMT-06 Monthly tax payment for Nov 2024 under QRMP Scheme [Rule 61(1)(ii) - Proviso to Section 39(7)].
Taxpayers have a choice to pay tax either, as per -
28 Dec
☑ Monthly | GSTR-11
GSTR-11 for the m/o Nov 2024 (Statement of inward supplies by persons having Unique Identification Number (UIN)).
31 Dec
☑ Annual | GSTR-9
Last date to file GSTR-9 / GSTR-9C for FY 2023-24.