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of <h1>Section 17 of IGST Act, 2017: Tax Apportionment Guidelines for Inter-State Supplies and Refund Adjustments</h1> Section 17 of the Integrated Goods and Services Tax Act, 2017, outlines the apportionment of tax and settlement of funds related to integrated tax. It specifies that the integrated tax paid to the Central Government from inter-State supplies or imports is apportioned to the Central Government and respective States or Union territories. If the place of supply is indeterminable, the balance amount is apportioned based on total supplies. Unapportioned amounts may be divided equally between the Central and State Governments. These provisions also apply to interest, penalties, and compounding amounts. Refunds are deducted from future apportionments.
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