DIABETICS

DIABETICS
DIABETICS

Businesses with monthly turnover of over Rs 50 lakh to pay at least 1% GST liability in cash

Businesses with monthly turnover of over Rs 50 lakh to pay at least 1% GST liability in cash The Central Board of Indirect Taxes and Customs (CBIC) has introduced Rule 86B in Goods and Services Tax (GST) rules which restricts use of input tax credit (ITC) for discharging GST liability to 99 per cent.

from Moneycontrol Economy News https://www.moneycontrol.com/news/economy/businessesmonthly-turnoverover-rs-50-lakh-to-pay-at-least-1-gst-liabilitycash_14605581.html
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