Sunday, December 27, 2020

Traders urge Finance Minister, GST council to modify new GST notification

The Central Board of Indirect Taxes and Customs (CBIC) has introduced Rule 86B in GST Rules, to be applicable from January 1, 2021, which restricts use of input tax credit for discharging GST liability to 99 per cent.

from Economy-News-Economic Times https://ift.tt/2Jo0hh5
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