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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Transfer Requirements for Input Tax Credit Under Himachal Pradesh GST Act 2017: State to Integrated Tax Account</h1> Under the Himachal Pradesh Goods and Services Tax Act, 2017, when input tax credit is used to pay tax dues under the Integrated Goods and Services Tax Act, the State tax amount is reduced by the utilized credit. The State Government is then required to transfer the equivalent amount from the State tax account to the integrated tax account. This process must be completed in the manner and timeframe prescribed by the relevant regulations.