https://www.taxtmi.com/forum/issue?id=118272 Dispute concerns the order and manner of ITC utilisation where IGST credit exists alongside CGST and SGST liabilities. Rule 88A prescribes flexible set-off "in any manner" subject to the condition that IGST credit must be exhausted first. Practical concern is potential accumulation of CGST credit leading to cash payments despite available CGST credit. Contributors conclude Rule 88A operates within the empowering provision and is a valid, taxpayer-friendly mechanism for ITC set-off. en-us Fri, 09 Dec 2022 12:58:05 +0530 Thu, 23 Jan 2025 15:54:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118272 Dispute concerns the order and manner of ITC utilisation where IGST credit exists alongside CGST and SGST liabilities. Rule 88A prescribes flexible set-off "in any manner" subject to the condition that IGST credit must be exhausted first. Practical concern is potential accumulation of CGST credit leading to cash payments despite available CGST credit. Contributors conclude Rule 88A operates within the empowering provision and is a valid, taxpayer-friendly mechanism for ITC set-off. Discussion-Forum GST Fri, 09 Dec 2022 12:58:05 +0530 https://www.taxtmi.com/forum/issue?id=118272