ITC limit under rule sec 36(4) revised to 5 percent from 10 percent

Last updated: 24 December 2020

The Central Board of Indirect Taxes and Customs has released theCentral Goods and Services Tax (Fourteenth Amendment) Rules, 2020, thereby making amendments in Rule 36(4) wherein, the limit has been revised to 5% instead of the earlier 10%. In addition to this, mandatory payment has been revised to
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Attached File : 40_19020_223874.pdf
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