alleryStart learning →After IGST liability is paid from IGST credit, remaining IGST credit goes to which tax first?
AState tax payable
BCess payable if any
CCentral tax payable
DCustoms duty payable
Answer & Solution
Correct answer: C. Central tax payable
Section 49(5)(a) orders the remaining integrated tax credit to central tax first and then State or Union territory tax.
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