Conclusion:

It may be seen that the above mentioned provisions would facilitate cross utilization of ITC thus obviating the need for filing of refund claims by the taxable persons in case of inter-state supplies.

Normally, at the end of the year there should not be any balance in the IGST account as the entire amount should be either transferred to CGST or the SGST account. In any case, the balance, if any is left in the IGST account as well as the amount in CGST account would be devolved to the States in accordance with Article 270 of the Constitution.