UTGST Section 9B – Order of Utilization of Input tax Credit [Updated 2019]

UTGST Section 9B – Order of Utilization of Input tax Credit

[1][9B. Notwithstanding anything contained in this Chapter and subject to the provisions of clause (c) of section 9, the Government may, on the recommendations of the Council, prescribe the order and manner of utilisation of the input tax credit on account of integrated tax, Central tax, State tax or Union territory tax, as the case may be, towards payment of any such tax.]

[1] Inserted by the Union Territory Goods and Services Tax (Amendment) Act, 2018 – Date of Amendment : 29-08-2018, Effective from : 01-02-2019, Retrospective Effect : No