Input tax credit transfer required; State tax reduced and equivalent amount moved to integrated tax account.

Where input tax credit availed under this Act is utilised for payment of tax dues under the Integrated Goods and Services Tax Act and reflected in a valid return, the amount collected as State tax shall be reduced by an amount equal to such credit and the State Government shall transfer an equal amount from the State tax account to the integrated tax account in such manner and within such time as may be prescribed.

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