IGST payment hierarchy: input tax credit must be applied in prescribed order, with any remaining IGST paid in cash. Payment of IGST follows a prescribed credit utilisation hierarchy: use available IGST credit first, then CGST credit, then SGST credit; any remaining IGST ... Summary
IGST payment hierarchy: input tax credit must be applied in prescribed order, with any remaining IGST paid in cash.
Payment of IGST follows a prescribed credit utilisation hierarchy: use available IGST credit first, then CGST credit, then SGST credit; any remaining IGST liability must be paid in cash, with the GST system enforcing this order.
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