S

Sonal Sharma

I am looking for computation of income

A

Anant Singh

Dear Sir,

There is a query in respect to availing and utilizing input credit of CGST, SGST & IGST
I want to understand that if Input of CGST&SGST can be availed and utilized to offset against IGST
To be more specific:
Case 1 .
We are a Event and Travel Management company incorporated and registered as a PVT LTD company in Delhi. with GST registration in Delhi.

We are booking Hotel Rooms for a corporate client for 3 Days in GOA.

This assignment is through an Event Management Company, in this we are only doing hotel room booking

We have negotiated a rate from hotel and further selling it to event management company with a markup. we shall receive the payment through event management company

Hotel will bill to us e.g., Rate at X + GST (@18%)
We will further charge the event management company at a rate of (X + Y) + GST (@18%)

The event management company is also registered in DELHI and the client is also registered in DELHI

Query.
1. Can we avail the input credit of CGST +SGST from the invoice raised by the hotel and utilize it against to setoff IGST to The Event Management company.
2. If availing CGST & SGST and utilizing against IGST is specifically restricted for hotel/immovable property or is it for the supply of goods also

Case 2
We are a firm registered in Delhi and procured goods from a vendor registered in Delhi and got an invoice of CGST & SGST
Now we have a client in Uttar Pradesh and we supplied him the same goods with a marked-up price at its office in Uttar Pradesh and charged IGST

Please suggest can we avail the input of CGST & SGST to offset it against the IGST

Requested kindly suggest,
Thanks & Regards

O

Om

I joined IT company in june 2022 then for which year i can start filling ITR or can i fill zero ITR for 2022?