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Governments, tax payers and other stakeholders for implementation of GST.
Ü It is a non-Government, private limited company formed u/s 8 of the Companies Act, 2013 (not for profit
companies).

CCP 01.07.20.00
Discuss the functions of Common GST portal/ GSTN? [Study Mat]

Answer:-
Common GST portal is a robust settlement mechanism amongst the States & the Centre as GST is a
destination-based tax. It is a clearing house & it verifies the claims and inform the respective Governments
to transfer the funds.

Thus, Common GST Electronic Portal – www.gst.gov.in – is a website managed by Goods & Services
Network (GSTN). It establishes a uniform interface for tax payer and a common and shared IT
infrastructure between the Centre and States.
The functions of Common GST portal/ GSTN include:-

Ü Facilitating registration
Ü Forwarding the returns to Central & State authorities
Ü Computation & settlement of IGST
Ü Matching of tax payment details with banking network

Ü Providing various MIS reports to the Central & the State Governments based on the taxpayer return
information
Ü Providing analysis of taxpayers' profile
Ü Running the matching engine for matching, reversal & reclaim of input tax credit
Ü For furnishing E-Way Bill

Ü For generation of E-Invoice

08. Credit system under Dual GST Model & Manner of Credit Utilization

CCP 02.08.21.00
Bring out the salient features of cross utilization of Input Tax Credit (ITC) under GST law?
[CA final Nov 17]

Answer:-
Input Tax Credit (ITC) of IGST, CGST and SGST/UTGST is available throughout the supply chain but,
1. First use IGST credit to pay IGST.
Ü remaining amount can be used to pay CGST & SGST/UTGST in any order and in any proportion.

2. Entire ITC of IGST is to be fully utilised first before the ITC of CGST or SGST/UTGST can be utilized.
3. CGST Credit shall first be utilized for payment of CGST.
Ü Remaining amount will be utilized for payment of IGST.
4. SGST /UTGST credit shall first be utilized for payment of SGST/UTGST.
Ü Remaining amount will be utilized for payment of IGST, that too only when credit of CGST is not

available for payment of IGST.
5. CGST credit shall not be utilised to pay SGST/ UTGST.
6. SGST/ UTGST credit shall not be utilised to pay CGST.

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