Cross-Utilization of Excess IGST Against CGST/SGST: GSTAT Bengaluru Rules in Favour of the Assessee
- 2026-10-27
Introduction The Goods and Services Tax framework divides a single tax into three heads: Central Tax (CGST), State Tax (SGST) and Integrated Tax (IGST). Each head is accounted for separately and Section 49 of the Central Goods and Services Tax Act, 2017 (the “CGST Act”) prescribes how input tax credit (ITC) may move between them….