Section 9B of UTGST Act 2017: Order of utilisation of input tax credit (ITC)

Provisions under Section 9B of the Union Territory Goods and Services Tax (UTGST) Act, 2017 relating to “Order of utilisation of input tax credit (ITC)”, are as under:

Section 9B of UTGST Act 2017: Order of utilisation of input tax credit (CHAPTER IV PAYMENT OF TAX)

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.

Amendments History:

1. Section 9B inserted vide the UTGST (Amendment) Act, 2018: GOI Notification dt. 30/08/2018, followed with CBIC Notification 1/2019 UT Tax dt. 29 Jan. 2019 on commencement date of 01/02/2019.

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Note: The UTGST Act 2017 has been notified vide GOI Notification dt. 12/04/2017, which has subsequently been amended  through UTGST (Amendment) Act 2018, Finance Act 2019, Finance Act 2020, Finance Act 2021, including various Notifications issued by the Govt./ CBIC from time to time, relating to the commencement dates of various Sections/ Provisions in the respective UTGST/ Amendment Acts, wherever required. Information on this page is a Section-wise compilation of Amendments made by all such Notifications, with best possible efforts for accuracy. In any case, E&OE. For official/ updated information, please visit CBIC website.