Para 14.2.12.2 — CAM

14.2.12.2 REGULAR APPORTIONMENT AND SETTLEMENT OF IGST:

(a) Section 17 of IGST Act 2017 provides for the Apportionment of IGST collected to the Centre and to the State/Union Territory where the supply takes place. Section 49 (5) of CGST Act (And respective provision in SGST acts of the States) provides for the cross utilization of Input Tax credit (ITC) between CGST and IGST, SGST and IGST and between UTGST and IGST. Accordingly, Section 18 of IGST Act 2017 provides for the transfer of ITC between Centre and State/UT.