Traders’ body CAIT to FM Sitharaman: Defer Rule 86B in GST to ease compliance burden

Traders’ body CAIT to FM Sitharaman: Defer Rule 86B in GST to ease compliance burden

Ease of Doing Business for MSMEs: The Central Board of Indirect Taxes and Customs (CBIC) has introduced Rule 86B in GST that restricts the use of input tax credit (ITC) for discharging GST liability to 99 per cent.
Check the source here –Source, Financial Express.

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