As per the 38th meeting of GST Council held yesterday (18th Dec 2019), it is recommended to reduce 20% limit on ITC under rule 36(4) to 10%.
Tomorrow is the due date for filing Nov-2019 GSTR-3B. In that return, do we have to restrict ITC as per 36(4) to 10% only?
Please advise.
CAclubindia
