Rule 86B: Analysis of Rule mandating the payment of GST in cash irrespective of availability of Input tax credit

Suyash Tripathi , Last updated: 07 May 2021  
  Share


The Central Board of Indirect Taxes and Customs (CBIC) has introduced new rule 86B in Goods and Services Tax (GST) which restricts use of input tax credit for discharging liability to 99 percent. The Rule is effective from 01st January,2021. Analysis of new rules Rule 86B has an overriding

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)

CCI Pro

Published by

Suyash Tripathi
()
Category GST   Report

  11240 Views

Comments


Related Articles


Loading


Popular Articles




CCI Pro

Follow us

CCI Articles

submit article