The Central Government has recently amended the Central Goods and Services Tax Rules whereby the date for opting for the composition scheme has been extended. The rules further relaxed the 10 percent restriction on the availment of the input tax credit. A notification issued by the Central Board of Indirect Taxes and Customs (CBIC) yesterday […]
The post CBIC extends Time for opting Composition Scheme and relaxes 10% restriction on ITC availment [Read Notification] appeared first on Taxscan | Simplifying Tax Laws.
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