Rule 86B, is currently the hot point for GST officials during audits, scrutiny or even enquiries & requires careful attention.
If your monthly supply exceeds ₹50 lakhs, you must discharge at least 1% of your output tax liability in cash (unless you fall under one of the exceptions).
Non-compliance is easily detectable and will result in heavy interest charges along with cash tax payments (which has already been paid through ITC earlier)
Remember, getting a refund for tax liabilities paid earlier through ITC is not an easy task.
Ensure compliance now to avoid complications later!
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