https://www.taxtmi.com/forum/issue?id=112719 Input tax credit treatment is illustrated for domestic procurement and import: GST paid on domestic procurement is available as ITC against output GST; IGST paid on import is likewise available as ITC against output liabilities, and any excess IGST paid on import may be available for utilisation as ITC on other supplies (CGST/SGST/IGST). en-us Tue, 29 Aug 2017 16:15:39 +0530 Thu, 23 Jan 2025 15:55:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112719 Input tax credit treatment is illustrated for domestic procurement and import: GST paid on domestic procurement is available as ITC against output GST; IGST paid on import is likewise available as ITC against output liabilities, and any excess IGST paid on import may be available for utilisation as ITC on other supplies (CGST/SGST/IGST). Discussion-Forum Customs Tue, 29 Aug 2017 16:15:39 +0530 https://www.taxtmi.com/forum/issue?id=112719