https://www.taxtmi.com/article/detailed?id=8445 Rule 88A requires that ITC attributable to IGST be applied first to IGST liabilities; any remaining IGST credit may then be used towards CGST or SGST/UGST in any order. The proviso provides that ITC of CGST, SGST or UTGST can be used towards IGST or other heads only after IGST ITC is fully exhausted. The amendment relaxes the previously prescribed sequence between CGST and SGST set off and is shown by numeric illustration to restore earlier overall set off flexibility, easing working capital blockage. en-us Wed, 03 Apr 2019 05:47:44 +0530 Wed, 03 Apr 2019 05:47:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8445 Rule 88A requires that ITC attributable to IGST be applied first to IGST liabilities; any remaining IGST credit may then be used towards CGST or SGST/UGST in any order. The proviso provides that ITC of CGST, SGST or UTGST can be used towards IGST or other heads only after IGST ITC is fully exhausted. The amendment relaxes the previously prescribed sequence between CGST and SGST set off and is shown by numeric illustration to restore earlier overall set off flexibility, easing working capital blockage. Articles Goods and Services Tax - GST Wed, 03 Apr 2019 05:47:44 +0530 https://www.taxtmi.com/article/detailed?id=8445