Mera Samvidhaan All of Central Goods and Services Tax Act, 2017

Chapter X · Payment of Tax

49A4[Utilisation of input tax credit subject to certain conditions.

Section 49A · Chapter X · page 53 of the Act

Notwithstanding anything contained in section 49, the input tax credit on account of central tax, State tax or Union territory tax shall be utilised towards payment of integrated tax, central tax, State 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 fully towards such payment.

4 Ins. by Act 31 of 2018, s. 21 (w.e.f. 1-2-2019).

Section 49A of The Central Goods and Services Tax Act, 2017 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.