Notification No. 75/2019
Date: December 26, 2019
Subject: Amendment to CGST Rules on ITC restriction and blocking of electronic credit ledger.
Description:
Reduces the cap on provisional availment of input tax credit under rule 36(4) from 20% to 10%. Inserts new rule 86A empowering tax authorities to restrict utilisation of fraudulently availed or ineligible ITC. Introduces restrictions on e-way bill generation for non-filing of outward supply statements.
Effective Date: 26 December 2019 (specific provisions effective from notified future dates)
Other Notifications
12/2019
Extends the due date for furnishing FORM GSTR-1 on a monthly basis for registere...
Read More67/2018
Issued under section 148 of the CGST Act, this notification amends Notification ...
Read More57/2017
This notification notifies registered persons having aggregate turnover up to â‚...
Read More