https://www.taxtmi.com/acts?id=30042 When input tax credit is utilised for payment of integrated tax as reflected in a valid return under the Act and in accordance with section 49(5), the amount collected as State tax is reduced by the 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 Sat, 08 Jul 2017 11:56:30 +0530 Sat, 29 Jul 2017 16:59:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=30042 When input tax credit is utilised for payment of integrated tax as reflected in a valid return under the Act and in accordance with section 49(5), the amount collected as State tax is reduced by the 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 Sat, 08 Jul 2017 11:56:30 +0530 https://www.taxtmi.com/acts?id=30042