https://www.taxtmi.com/acts?id=23132 When input tax credit is utilised to pay CGST dues the IGST collected is reduced by that credit and the Central Government shall transfer an equal amount from the IGST account to the CGST account in the prescribed manner and time. When input tax credit is utilised to pay SGST dues the IGST collected is reduced by that credit, the reduced amount shall be apportioned between the State and Central Governments, and the Central Government shall transfer the apportioned amount to the appropriate State Government in the prescribed manner and time. en-us Mon, 28 Nov 2016 11:00:44 +0530 Tue, 29 Nov 2016 17:00:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23132 When input tax credit is utilised to pay CGST dues the IGST collected is reduced by that credit and the Central Government shall transfer an equal amount from the IGST account to the CGST account in the prescribed manner and time. When input tax credit is utilised to pay SGST dues the IGST collected is reduced by that credit, the reduced amount shall be apportioned between the State and Central Governments, and the Central Government shall transfer the apportioned amount to the appropriate State Government in the prescribed manner and time. Act-Rules Bill Mon, 28 Nov 2016 11:00:44 +0530 https://www.taxtmi.com/acts?id=23132