https://www.taxtmi.com/caselaws?id=472408 For CGST Act assessments concerning input tax credit, the electronic credit ledger is treated as a pooled wallet containing IGST, CGST and SGST credit rather than separate tax-head compartments. Cross-head utilisation of IGST credit towards CGST and SGST liabilities cannot be treated as wrongful availment without applying that pooled-wallet principle. Findings that treated such utilisation as wrongful were set aside and require fresh determination under the correct ledger treatment. en-us Tue, 28 Jan 2025 00:00:00 +0530 Sat, 10 Oct 2026 14:49:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472408 For CGST Act assessments concerning input tax credit, the electronic credit ledger is treated as a pooled wallet containing IGST, CGST and SGST credit rather than separate tax-head compartments. Cross-head utilisation of IGST credit towards CGST and SGST liabilities cannot be treated as wrongful availment without applying that pooled-wallet principle. Findings that treated such utilisation as wrongful were set aside and require fresh determination under the correct ledger treatment. Case-Laws GST Tue, 28 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472408