https://www.taxtmi.com/acts?id=22347 Different statutory definitions of input tax mean CGST treats input tax as IGST and CGST, SGST treats it as IGST and SGST, and IGST treats it as IGST, CGST and SGST; consequently, all three credits can discharge IGST liability, but CGST liabilities may be met only with IGST and CGST credits and SGST liabilities only with IGST and SGST credits, preventing direct cross-utilisation of CGST and SGST credits. en-us Thu, 22 Sep 2016 16:45:17 +0530 Thu, 22 Sep 2016 16:45:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=22347 Different statutory definitions of input tax mean CGST treats input tax as IGST and CGST, SGST treats it as IGST and SGST, and IGST treats it as IGST, CGST and SGST; consequently, all three credits can discharge IGST liability, but CGST liabilities may be met only with IGST and CGST credits and SGST liabilities only with IGST and SGST credits, preventing direct cross-utilisation of CGST and SGST credits. Act-Rules Bills Thu, 22 Sep 2016 16:45:17 +0530 https://www.taxtmi.com/acts?id=22347