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CGST Rules - Central Goods and Services Tax Rules, 2017

Rule 88

Identification number for each transaction

This rule was made and amended vide the following notifications
Central Tax Notification No. 16/2019 (dated 29th March 2019)

(1) A unique identification number shall be generated at the common portal for each debit or credit to the electronic cash or credit ledger, as the case may be.

(2) The unique identification number relating to discharge of any liability shall be indicated in the corresponding entry in the electronic liability register.

(3) A unique identification number shall be generated at the common portal for each credit in the electronic liability register for reasons other than those covered under sub-rule (2).

1 Rule 88A

Order of utilization of input tax credit

Input tax credit on account of integrated tax shall first be utilised towards payment of integrated tax, and the amount remaining, if any, may be utilised towards the payment of central tax and State tax or Union territory tax, as the case may be, in any order:

Provided that 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.

1 Inserted in Central Goods and Services Tax (Second Amendment) Rules, 2019, vide Notification No. 16/2019 Central Tax (dated 29th March 2019)