How will the IGST be paid

Question 8 – Draft-Bills-Reports – Overview of the IGST Act – FAQ on GST dated 21.9.2016 based on Draft Model GST – Question 8 – Q 8. How will the IGST be paid? Ans. The IGST payment can be done utilizing ITC or by cash. However, the use of ITC for payment of IGST will be done using the following hierarchy,- First available ITC of IGST shall be used for payment of IGST; Once ITC of IGST is exhausted, the ITC of CGST shall be used for payment of IGST; If both ITC of IGST and ITC of CGST are exha

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