Eye Share: ITC Restriction - An insight into Rule 36(4) and Rule 86A

Vide Notification No. 49/2019-Central Tax, Rule 36 of CGST Rules, 2017 was amended to restrict the ITC availed in respect of invoices or debit notes not been uploaded by the vendor/suppliers. Vide Circular No. 123/42/2019-GST, it was clarified that such restriction shall be applicable after October 09, 2019 whereas vide Notification No. 75/2019-CentralTax Rule 86A stipulating “Conditions of use of amount available in electronic credit ledger” were...