SubstitutionCGST_ACT_2017
Official PDF (p. 12)CGST_ACT_2017 · Rule 86B (First Proviso, Clause (f))
Exemption from Rule 86B 1% Mandatory Cash Payment for Rule 31D Goods
Applicable from 2026-12
Attempt Applicability
2026-06:Excluded
2026-12:Applies
Statutory Comparison
Prior PositionPre-amendment
Rule 86B strictly capped ITC utilization at 99% of output tax for taxpayers with monthly turnover > ₹50 Lakhs.
New PositionAmended
Clause (f) inserted in Rule 86B proviso w.e.f. 01-02-2026 exempting registered persons other than manufacturers in respect of goods specified under Rule 31D where tax was paid on RSP basis.
Affected Syllabus Chapters
indirect-tax-laws-and-practice
input-tax-credit-advanced
Code: input-tax-credit-advanced
Authority Document Reference
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