NEW ITC Rule
Mohit Chaudhary (Student) (142 Points)
05 November 2019so the query is that should I follow the new rule of ITC which is about 20% of the credit that is shown into the credit ledger.
Should I follow that or I can directly take the credit of all the Invoices that are there with me since I already possess the credit of old invoices into my credit ledger.
Please help as the new rule applicable from October 2019 return of which due date is November 20 2019.