https://www.taxtmi.com/acts?id=22170 CGST and SGST are levied simultaneously on taxable supplies except specified exemptions and threshold exclusions; both taxes use the same transaction value. SGST is chargeable only for intra state supplies while CGST applicability is not conditioned on intra state location. Input tax credit is head specific: CGST credit may be utilised only against CGST liabilities and SGST credit only against SGST liabilities, precluding general cross utilisation. en-us Thu, 22 Sep 2016 14:59:27 +0530 Thu, 22 Sep 2016 14:59:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=22170 CGST and SGST are levied simultaneously on taxable supplies except specified exemptions and threshold exclusions; both taxes use the same transaction value. SGST is chargeable only for intra state supplies while CGST applicability is not conditioned on intra state location. Input tax credit is head specific: CGST credit may be utilised only against CGST liabilities and SGST credit only against SGST liabilities, precluding general cross utilisation. Act-Rules Bill Thu, 22 Sep 2016 14:59:27 +0530 https://www.taxtmi.com/acts?id=22170