Restrictions on use of amount available in electronic credit ...

Rule 86B Limits Electronic Credit Use in GST: Mandates 1% Cash Payment for Certain Transactions.

December 27, 2020

Act Rules GST

Restrictions on use of amount available in electronic credit ledger - Mandatory payment of GST in cash @1% (restriction in utilizing ITC in excess of 99%) in certain specified circumstances - New Rule 86B of the Central Goods and Services Tax Rules, 2017

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Restrictions on use of amount available in electronic credit ...

Rule 86B Limits Electronic Credit Use in GST: Mandates 1% Cash Payment for Certain Transactions.

December 27, 2020

Act Rules GST

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