All about Rule 86B under GST– Restriction on ITC Utilisation
Overview about Rule 86B under GST – Restriction on ITC Utilisation Rule 86B of the Central Goods and Services Tax (CGST) Rules, 2017, restricts the use of Input Tax Credit for payment of output Goods and Services Tax in certain situations. This rule was implemented to curb fake invoicing & improve tax discipline. Even if …