https://www.taxtmi.com/acts?id=26865 When input tax credit availed under the Act is utilised to pay liabilities under the Integrated Goods and Services Tax Act in accordance with sub-section (5) of section 49 and reflected in the valid return under sub-section (1) of section 39, the State tax is reduced by the amount of credit so utilised and the State Government must transfer an equal amount from the State tax account to the integrated tax account in the prescribed manner and time. en-us Thu, 22 Jun 2017 11:48:32 +0530 Thu, 22 Jun 2017 11:48:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=26865 When input tax credit availed under the Act is utilised to pay liabilities under the Integrated Goods and Services Tax Act in accordance with sub-section (5) of section 49 and reflected in the valid return under sub-section (1) of section 39, the State tax is reduced by the amount of credit so utilised and the State Government must transfer an equal amount from the State tax account to the integrated tax account in the prescribed manner and time. Act-Rules GST - States Thu, 22 Jun 2017 11:48:32 +0530 https://www.taxtmi.com/acts?id=26865