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Restriction on the use of balance of credit ledger in gst

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(Querist)
13 February 2021 sir
I got a circular there a " restriction on the use of balance of electronic credit ledger in gst" .
This is w.e.f from Jan 21. it further sales that minimum 1 % of gross output tax liability should be pay.
One of my company has turn over around 1 crores and in put tax is excess while comparing output.
My doubt is whether any tax liabilities is effect in this case .
Please advise.
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CA Altamush Zafar

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CA Altamush Zafar (Expert)
13 February 2021 You will have to pay 1% of the GST amount in cash subject to relaxations in Rule 86B
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