alleryStart learning →Output CGST and SGST Rs 40,000 each; credits IGST 70,000, CGST 5,000, SGST 5,000. Cash due?
ARs 5,000
BRs 10,000
CNil
DRs 15,000
Answer & Solution
Correct answer: A. Rs 5,000
IGST credit pays CGST 40,000 first, then 30,000 of SGST; the remaining SGST 10,000 uses SGST credit 5,000, so 5,000 is paid in cash.
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