https://www.taxtmi.com/notifications?id=131824 Rule 36(4) is amended to reduce the specified figure from 20 per cent to 10 per cent, effective 1 January 2020. A new rule 86A allows the Commissioner or an authorised officer to disallow debits from the electronic credit ledger for discharge of liabilities under section 49 or for refund claims where input tax credit appears fraudulently availed or ineligible-grounds include invoices from non-existent suppliers, absence of receipt of goods or services, tax on the supply not paid to Government, recipient non-existence, or lack of prescribed documents. The restriction may be lifted on satisfaction and ceases after one year. Rule 138E is expanded to cover persons who have not furnished outward supply statements for two months or quarters. en-us Tue, 31 Dec 2019 00:00:00 +0530 Wed, 01 Jan 2020 18:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=131824 Rule 36(4) is amended to reduce the specified figure from 20 per cent to 10 per cent, effective 1 January 2020. A new rule 86A allows the Commissioner or an authorised officer to disallow debits from the electronic credit ledger for discharge of liabilities under section 49 or for refund claims where input tax credit appears fraudulently availed or ineligible-grounds include invoices from non-existent suppliers, absence of receipt of goods or services, tax on the supply not paid to Government, recipient non-existence, or lack of prescribed documents. The restriction may be lifted on satisfaction and ceases after one year. Rule 138E is expanded to cover persons who have not furnished outward supply statements for two months or quarters. Notifications GST - States Tue, 31 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=131824