In a bid to aid businesses with better cash flow management, the Central Board of Indirect Taxes and Customs ( CBIC ) has reversed its earlier notification and granted relief to the businesses in terms of using GST credit towards tax payment. “Input tax credit on account of Integrated tax (IGST) shall first be utilised towards payment […]
The post CBIC allows Taxpayer to pay SGST using IGST credit before adjusting CGST Liability [Read Notification] appeared first on Taxscan | Simplifying Tax Laws.
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