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CA Pranav Mishra 17 November 2019
Circular states that the restriction would apply only on the invoices / debit notes on which credit is availed after 09.10.2019. Hence the application of the restriction is qua the date of availment of ITC and not qua the date of the invoice for which ITC has been availed. Therefore returns filed after 09.10.2019 would be subject to the said sub-rule as ITC can be availed only through the returns.