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Will cross utilization of credits between goods and services be allowed under Indian GST regime?

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Will cross utilization of credits between goods and services be allowed under Indian GST regime?
posted Jul 5, 2017 by Anita Yadav

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1 Answer

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Cross utilization of credit of CGST between goods and services would be allowed. Similarly, the facility of cross utilization of credit will be available in case of SGST. However, the cross utilization of CGST and SGST would not be allowed except in the case of inter-State supply of goods and services under the IGST model which is explained in answer to the next question.

answer Jul 7, 2017 by Shamita
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