Manner of utilization of itc

manner of utilization of itc
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Quick Summary
This discussion clarifies the rules for utilising Input Tax Credit (ITC). It highlights that while ITC can be used in various ways, cross-utilisation between central and state credits is generally not permitted. Specific guidance from Circular 97/17/2019 GST is referenced, detailing that IGST can be used for IGST, CGST, and SGST; CGST for CGST and SGST; and SGST only for SGST.

U can use in any manner but remember cross utilization of centre and state credits not allowed
Kindly circular 97/17/2019 GST

Hi

Input can be utilised  with same or cross GST paid. A brief for your conveniance is depicted below:
-IGST with IGST, CGST and SGST;
-CGST with CGST and SGST;
-SGST with SGST only.

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