Can credit of cgst/sgst of one state be utilized against cgst/sgst liability of another state?

Can credit of cgst/sgst of one state be utilized against cgst/sgst liability of another state? under which provision/section of the Act?

Add Comment
4 Answer(s)

This is not permitted because in each state.

Answered on June 4, 2017.
Add Comment

Not permitted because in each state there is separate registration. accordingly each registered person is a separate entity. therefore itc of one registered tax payer cannot be claimed by a different tax payer. Pankaj Malik

Answered on June 4, 2017.
Add Comment

Thanks.

Answered on June 5, 2017.
Add Comment

Yes it can be utilized as cgst will be first sett off against cgst and remaining on igst if any. The sgst can be sett off first against sgst and then igst if any. But cgst and sgst can’t be sett off against each other and igst credit will be first utilized for igst then cgst and then on sgst.

Answered on June 5, 2017.
Add Comment

Your Answer

Gen GST