The protocol to avail and utilise the Input tax credit of these taxes is as follows: Credit of (CGST/SGST/UTGST/IGST) To be utilised first for payment of flowing May be utilised further for payment of flowing CGST CGST IGST SGST/UTGST SGST/UTGST IGST IGST IGST CGST, then SGST/UTGST Note:- Credit of CGST cannot be used for payment […]
Friday, November 22, 2024