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

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posted Nov 8, 2016 by Akhilesh (message)

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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 Nov 8, 2016 by Lub Management (message)
Before knowing that it is allowed or not what is this cross utilisation