Section 49B of GST Act: Order of utilisation of input tax credit

Amended and updated notes on section 49B of CGST Act, 2017. Provisions and rules related to order of utilisation of input tax credit.

Amended and updated notes on section 49B of CGST Act, 2017. Detail discussion on provisions and rules related to Order of utilisation of input tax credit.

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

Recently, we have discussed in detail section 49A (Utilisation of input tax credit subject to certain conditions) of CGST Act 2017. Today, we learn the provisions of section 49B 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.49B
Section NameOrder of utilisation of input tax credit
Updated 2024 EditionGST Law Book PDF

Relevant Rules and Forms for GST Section 49B:

  • Rule 88A: Order of utilization of input tax credit

Section 49B of Central GST – Order of utilisation of input tax credit1

Section 49B of CGST Act 2017 was inserted by section 21 of the Central Goods and Services Tax (Amendment) Act, 2018 (No. 31 of 2018).

Notwithstanding anything contained in this Chapter and subject to the provisions of clause (e) and clause (f) of sub-section (5) of section 49, 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.

  1. Section 49B of CGST Act 2017 was inserted by section 21 of the Central Goods and Services Tax (Amendment) Act, 2018 (No. 31 of 2018). ↩︎


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