Provisions under Section 9A of the UTGST Act 2017 relating to “Utilisation of input tax credit (ITC)”:
Section 9A: Utilisation of input tax credit (CHAPTER IV: PAYMENT OF TAX) [*2]
Notwithstanding anything contained in section 9, the input tax credit on account of Union territory tax shall be utilised towards payment of integrated tax or Union territory tax, as the case may be, only after the input tax credit available on account of integrated tax has first been utilised towards such payment.
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Notes (History of Amendments in Bare Text):
1. UTGST Act 2017 notified vide GOI Notification dated 12/04/2017.
2. Section 9A inserted vide the UTGST (Amendment) Act, 2018, followed with Notification 1/2019 on commencement date of 01/02/2019.