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GST Input Output Set-Off Calculator

GST Head Output Input
IGST
CGST
SGST
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
Accounting Entries:

#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)

Step 1
-
₹ 0
Step 2
-
₹ 0
Step 3
-
₹ 0
Step 4
-
₹ 0
Step 5
-
₹ 0
Step 6
-
₹ 0
Step 7
-
₹ 0

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.

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20
Apr
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F
S
20 Apr

☑ Monthly | GSTR-3B

GSTR-3B for the m/o Mar 2024 (Monthly Taxpayer - Rule 61) - Either Compulsory taxpayer > 5 cr. or Voluntary taxpayer < 5 cr.

☑ Monthly | GSTR-5A

GSTR-5A for the m/o Mar 2024 [Return by OIDAR Service Providers - Rule 64.]

22 Apr

☑ Quarterly | GSTR-3B

GSTR-3B for the Quarter Jan - Mar 2024 (QRMP Taxpayer < 5 Cr - Rule 61) - Category I States.

* State Category I - Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep.

24 Apr

☑ Quarterly | GSTR-3B

GSTR-3B for the Quarter Jan - Mar 2024 (QRMP Taxpayers < 5 Cr - Rule 61) - Category II States.

* State Category II - Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha or the Union territories of Jammu and Kashmir, Ladakh, Chandigarh and Delhi.

25 Apr

☑ Half-Yearly | ITC-04

ITC-04 for the half year (Oct - Mar 2024) (For taxpayers > 5 Cr. Turnover) - Rule 45.

☑ Annual | ITC-04

ITC-04 for the FY 2023-24 (For taxpayers upto 5 Cr. Turnover) - Rule 45.

28 Apr

☑ Monthly | GSTR-11

GSTR-11 for the m/o Mar 2024 (Statement of inward supplies by persons having Unique Identification Number (UIN)).

30 Apr

☑ Annual | GSTR-4

GSTR-4 (Annual Return) for FY 2023-24 by Composite Taxpayer (Rule 62).

☑ Quarterly | QRMP

Last date for opt-in / opt-out QRMP Scheme for quarter Apr - June 2024 (Rule 61A)