https://www.taxtmi.com/article/detailed?id=12569 A registered person may claim Input Tax Credit of IGST irrespective of the place of supply being in a different State, provided the conditions of section 16 (and restrictions under section 17) are met and the tax qualifies as "input tax" under the IGST Act; when such IGST is utilised to discharge CGST/SGST liabilities the IGST account is reduced and the amount is transferred or apportioned to the "appropriate State" (the State of the recipient's registration) under section 18 and the GST settlement rules, with GSTN reporting transfers via the GST STL forms based on GSTR-3B offsets. en-us Mon, 29 Apr 2024 07:31:50 +0530 Mon, 29 Apr 2024 07:31:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12569 A registered person may claim Input Tax Credit of IGST irrespective of the place of supply being in a different State, provided the conditions of section 16 (and restrictions under section 17) are met and the tax qualifies as "input tax" under the IGST Act; when such IGST is utilised to discharge CGST/SGST liabilities the IGST account is reduced and the amount is transferred or apportioned to the "appropriate State" (the State of the recipient's registration) under section 18 and the GST settlement rules, with GSTN reporting transfers via the GST STL forms based on GSTR-3B offsets. Articles Goods and Services Tax - GST Mon, 29 Apr 2024 07:31:50 +0530 https://www.taxtmi.com/article/detailed?id=12569