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of <h1>Himachal Pradesh clarifies GST input tax credit use: Amendments to Sections 49A, 49B; Rule 88A enables flexibility.</h1> The circular issued by the Himachal Pradesh Excise and Taxation Department clarifies the utilization of input tax credit under the GST framework following amendments to Sections 49A and 49B of the Himachal Pradesh Goods and Services Tax Act. Effective from February 1, 2019, these amendments mandate the complete utilization of Integrated Tax credit before using Central or State Tax credits. Rule 88A, inserted in the HPGST Rules, allows for flexible utilization of Integrated Tax credit towards Central and State Tax liabilities, provided the Integrated Tax credit is fully utilized first. The circular provides guidance on the order of credit utilization and addresses implementation challenges on the common portal.
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