https://www.taxtmi.com/article/detailed?id=6920 Chapter VII sets the apportionment of tax under IGST by allocating to the Central Government tax amounts equivalent to the CGST rate on similar intra state supplies where recipients are unregistered, under composition, or ineligible or tardy in claiming input tax credit; interest and penalties follow the same rule. Remaining IGST balances are apportioned to the State of supply. The Central Government must reduce IGST collections by apportioned amounts and transfer corresponding sums to CGST and SGST accounts, with manner and timing to be prescribed by rule. en-us Wed, 03 Aug 2016 12:57:50 +0530 Wed, 03 Aug 2016 12:57:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6920 Chapter VII sets the apportionment of tax under IGST by allocating to the Central Government tax amounts equivalent to the CGST rate on similar intra state supplies where recipients are unregistered, under composition, or ineligible or tardy in claiming input tax credit; interest and penalties follow the same rule. Remaining IGST balances are apportioned to the State of supply. The Central Government must reduce IGST collections by apportioned amounts and transfer corresponding sums to CGST and SGST accounts, with manner and timing to be prescribed by rule. Articles Goods and Services Tax - GST Wed, 03 Aug 2016 12:57:50 +0530 https://www.taxtmi.com/article/detailed?id=6920