Watch this video for: New circular:
20% ITC rule is being implemented through rule 36(4) inserted in CGST Rules 2017 Amendments made with notification no.49/2019 dated 09.10.219. 20% ITC rule is most complicated rule having many issues and increasing your compliance burden. In this video you can get to know when this rule will not be applicable.
All the misunderstandings have been cleared in this circular.
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**Disclaimer**
1. This video is for creating awareness about the newly introduced tax reform GST.
2. Here Tax without tears (TWT) team does not intend to advertise/solicit clients & doesn’t take responsibility for any decisions taken on the basis of this video.
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