TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 37A: Input Tax Credit Transfer from CGST/SGST to IGST Explained in Model GST Law Provisions</h1> Section 37A of the Model GST Law addresses the transfer of input tax credit. When input tax credit from the Central Goods and Services Tax (CGST) is used to pay Integrated Goods and Services Tax (IGST) dues, the CGST amount is reduced by the utilized credit, and an equivalent amount is transferred from the CGST account to the IGST account by the Central Government. Similarly, when input tax credit from the State Goods and Services Tax (SGST) is used for IGST dues, the SGST amount is reduced, and the State Government transfers an equivalent amount from the SGST account to the IGST account. These provisions are to be incorporated into the respective CGST and SGST Acts.
TaxTMI 
TaxTMI 
