GST ITC cannot be cross utilized amongst distinct persons.

By | June 6, 2017
(Last Updated On: June 6, 2017)

Q: Whether IGST credit of Maharashtra can be utilized against the liability of Gujarat?

IGST credit fungibility exists across IGST, CGST and SGST, but limited to the registered person ITC pool cannot be cross utilized amongst distinct persons.

[ Reply on 05.06.2017 at 5.16 am as per Twitter Account of Govt of India for GST queries of Taxpayers ]

GST  ITC cannot be cross utilized amongst distinct persons.

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