The cgst act, 2018 (amendment) dtd. 29-08-2018

This query is : Resolved 

25 September 2018 Dear Experts,

Please guide me from which date the above subject Amendments is applicable.

Also kindly explain New Section 49A

Regards,

Rakesh Sharma

25 September 2018 These amendments will be applicable from the date of notification .
Notifications are yet to be issued

25 September 2018 Section 49A of the CGST Act prescribed to utilize all the credit of the Integrated Tax first. Then the rest of the credit will be utilized to set off the tax liability of the taxpayer. This was introduced to save the interest of the state


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