Seeks to clarify restrictions in availment of input tax credit in terms of sub-rule (4) of rule 36 of CGST Rules, 2017.


 Notice Date : 11 November 2019

F. No. CBEC – 20/06/14/2019 – GST

Government of India

Ministry of Finance

Department of Revenue

Central Board of Indirect Taxes and Customs

GST Policy Wing

New Delhi, the 11th November, 2019

To

The Pr. Chief Commissioners / Chief Commissioners / Principal Commissioners /

Commissioners of Central Tax (All),

The Principal Director Generals / Director Generals (All)

Madam / Sir,

Subject: Restriction in availment of input tax credit in terms of sub-rule (4) of rule 36 of CGST Rules, 2017 – reg.

Sub-rule (4) to rule 36 of the Central Goods and Services Tax Rules, 2017 (hereinafter referred to as the CGST Rules) has been inserted vide notification No. 49/2019- Central Tax, dated 09.10.2019. The said sub-rule provides restriction in availment of input tax credit (ITC) in respect of invoices or debit notes, the details of which have not been uploaded by the suppliers under sub-section (1) of section 37of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as the CGST Act).

To know more in details,click here

 

Guest
on 13 November 2019
Circular No : 123/2019
Published in GST
Source : , http://www.cbic.gov.in/htdocs-cbec/gst/circular-cgst-123_New.pdf





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