Section 49A of GST Act: Utilisation of input tax credit subject to certain conditions

Amended and updated notes on section 49A of CGST Act, 2017. Provisions related to utilisation of input tax credit subject to certain conditions.

Share:

Amended and updated notes on section 49A of CGST Act, 2017. Detail discussion on provisions and rules related to utilisation of input tax credit subject to certain conditions.

Chapter X (Sections 4953A) of the Central Goods and Services Tax Act, 2017 deals with the provisions related to payment of tax. Section 49A of CGST 2017 provides for utilisation of input tax credit subject to certain conditions.

Recently, we have discussed in detail section 49 (Payment of tax, interest, penalty and other amounts) of CGST Act 2017. Today, we learn the provisions of section 49A of Central GST Act 2017 as inserted w.e.f. 01st February, 2019 by section 21 of the Central Goods and Services Tax (Amendment) Act, 2018 (No. 31 of 2018).

Name of ActThe Central Goods and Services Tax Act 2017
Enacted byParliament of India
Administered byCentral Board of Indirect Taxes & Customs
Governing bodyGST Council
Number of Chapters21
Number of Sections174
You are reading:
Chapter No.X
Chapter NamePayment of Tax
Section No.49A
Section NameUtilisation of input tax credit subject to certain conditions
Updated 2024 EditionGST Law Book PDF

Section 49A of Central GST – Utilisation of input tax credit subject to certain conditions1

Section 49A of CGST Act 2017 shall come into force on 01.02.2019 vide section 21 of the Central Goods and Services Tax (Amendment) Act, 2018 (No. 31 of 2018).

Notwithstanding anything contained in section 49, the input tax credit on account of central tax, State tax or Union territory tax shall be utilised towards payment of integrated tax, central tax, State tax or Union territory tax, as the case may be, only after the input tax credit available on account of integrated tax has first been utilised fully towards such payment.

  1. Section 49A of CGST Act 2017 shall come into force on 01.02.2019 vide section 21 of the Central Goods and Services Tax (Amendment) Act, 2018 (No. 31 of 2018). ↩︎


GST Book PDF

New Monthly Updated Edition

(Bare Acts, Rules, Rates and Exemptions)

Learn More