Order of Utilization of Input Tax Credit (ITC) under GST

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    admin
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    The amount of ITC on account of IGST is allowed to be utilized towards payment of IGST, CGST and SGST in that order.

    Similarly the amount of ITC on account of CGST is allowed to be utilized for payment of CGST and thereafter for payment of IGST.

    Further the amount of ITC on account of SGST is allowed to be utilized for payment of SGST and thereafter for payment of IGST. ITC of CGST cannot be utilized for payment of SGST liability and vice versa. (Section 37(5) of MGL and Section 7(5) of IGST Act)

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