mudit gupta (CA) (330 Points)
28 April 2018
CA Shivam Arora
(Chartered Accountant)
(2414 Points)
Replied 28 April 2018
Input tax credit of one state cannot utilised for payment of liability of other state. There is no restriction for CGST.
CA Shivam Arora
(Chartered Accountant)
(2414 Points)
Replied 28 April 2018
It will be like reducing the revenue for the other state where you will utilise the credit.
And technically also not possible I guess. Suppose:-
U r in WB and purcasing goods availing SGST-ITC and CGST-ITC, selling goods in WB and paying SGST-liabilty and CGST-liability. How can you avail SGST-ITC of another state?
CAclubindia
