Adjustment of credit between State Government and Central Government
If credit of CGST is utilized for payment of IGST, the credit of CGST will be transferred by Central Government to IGST.
If credit of SGST is utilized for payment of IGST, the credit of SGST will be transferred by State Government to IGST – section 53 of CGST Act and SGST Act.
[This is adjustment between Central Government and State Governments. The taxable person does not come into picture]