Section 53 Himachal Pradesh GST Act 2017 : Transfer of input tax credit

By | August 20, 2017
(Last Updated On: August 20, 2017)

Section 53 Himachal Pradesh GST Act 2017

( Section 53 Himachal Pradesh GST Act 2017  explains Transfer of input tax credit  and is covered in CHAPTER-X PAYMENT OF TAX   )

Transfer of input tax credit

53. On utilisation of input tax credit availed under this Act for payment of tax dues under the Integrated Goods and Services Tax Act, 2017, (No.13 of 2017.) in accordance with sub-section (5) of section 49, as reflected in the valid return furnished under sub-section (1) of section 39, the amount collected as State tax shall stand reduced by an amount equal to such credit so utilised and the State Government shall transfer an amount equal to the amount so reduced from the State tax account to the integrated tax account in such manner and within such time as may be prescribed.


Himachal Pradesh  GST Act 2017

Himachal Pradesh GST Rules 2017

Himachal Pradesh  GST Notifications

Himachal Pradesh  GST Rate Notifications

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