https://www.taxtmi.com/circulars?id=62332 The circular clarifies that integrated tax credit must be completely exhausted before central or state/union territory tax credits can be utilised; a new rule permits integrated tax credit to be applied towards central and state liabilities in any order or proportion so long as the entire integrated credit is first exhausted. Illustrations demonstrate permissible allocations. Taxpayers should continue to follow current common portal functionality until the portal is updated, and implementation difficulties may be reported to the Commissioner. en-us Mon, 29 Apr 2019 00:00:00 +0530 Tue, 10 Sep 2019 15:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=62332 The circular clarifies that integrated tax credit must be completely exhausted before central or state/union territory tax credits can be utilised; a new rule permits integrated tax credit to be applied towards central and state liabilities in any order or proportion so long as the entire integrated credit is first exhausted. Illustrations demonstrate permissible allocations. Taxpayers should continue to follow current common portal functionality until the portal is updated, and implementation difficulties may be reported to the Commissioner. Circulars GST - States Mon, 29 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62332