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of <h1>New GGST Circular Clarifies Input Tax Credit Order Post-2019 Amendments; Highlights Section 49A and Rule 88A Utilization.</h1> The circular addresses the utilization of input tax credit under the Gujarat Goods and Services Tax (GGST) Act following amendments effective from February 1, 2019. Section 49A mandates the complete utilization of Integrated tax credit before using Central or State tax credits, causing issues for taxpayers. Rule 88A was introduced to allow Integrated tax credit to be used for Central and State taxes in any order, provided it is fully exhausted first. The circular clarifies the order of credit utilization and provides illustrations. Taxpayers are advised to follow existing portal functionalities until the new rule is implemented.
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