https://www.taxtmi.com/article/detailed?id=14371 Section 49(5) clauses (e) and (f) require taxpayers to exhaust CGST credit before using SGST for payment of IGST, preventing cross utilisation of CGST and SGST and leaving SGST balances stranded in the electronic credit ledger without refund, creating cash flow mismatches between tax accounting and commercial transactions. en-us Fri, 09 May 2025 09:14:40 +0530 Fri, 09 May 2025 09:14:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14371 Section 49(5) clauses (e) and (f) require taxpayers to exhaust CGST credit before using SGST for payment of IGST, preventing cross utilisation of CGST and SGST and leaving SGST balances stranded in the electronic credit ledger without refund, creating cash flow mismatches between tax accounting and commercial transactions. Articles Goods and Services Tax - GST Fri, 09 May 2025 09:14:40 +0530 https://www.taxtmi.com/article/detailed?id=14371