Analysis of Rule 86B of the CGST Rules, 2017
Spread the love Introduction Rule 86B of the CGST Rules, 2017 imposes a restriction on the use of Input Tax Credit (ITC) for discharging GST liabilities, impacting businesses with a turnover exceeding ₹50 lakh in a given month. While this rule aims to curb tax evasion, it also comes with certain exceptions that provide relief […]
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