Rule 86B GST - Search Videos

📌 GST Rule 86B – Short Summary • Restricts use of Input Tax Credit (ITC) for payment of GST liability • Maximum 99% of output GST liability can be paid using ITC • Minimum 1% of output tax liability must be paid in cash • Applicable where taxable turnover exceeds ₹50 lakh in a month • Effective from 01 January 2021 • Applies GSTIN-wise, not PAN-wise • Applies only to output tax liability, not on interest, penalty, or late fee • Not applicable if: – Income tax paid exceeds ₹1 lakh in last 2 FY,

📌 GST Rule 86B – Short Summary • Restricts use of Input Tax Credit (ITC) for payment of GST liability • Maximum 99% of output GST liability can be paid using ITC • Minimum 1% of output tax liability must be paid in cash • Applicable where taxable turnover exceeds ₹50 lakh in a month • Effective from 01 January 2021 • Applies GSTIN-wise, not PAN-wise • Applies only to output tax liability, not on interest, penalty, or late fee • Not applicable if: – Income tax paid exceeds ₹1 lakh in last 2 FY,

15.8K views2 months ago

FacebookCA Ankush Goyal

GST – Rule 86B – detailed analysis

GST – Rule 86B – detailed analysis

Day 14 of 30 Days GST Challenge Can’t use 100% ITC if ? Here’s a simplified explanation of Rule 86B under GST. If your monthly taxable turnover (excluding exempt and export supplies) is more than ₹50 lakhs, you must pay at least 1% of your GST liability in cash. The rest can be paid using ITC. But there are important exceptions – like if income tax paid is over ₹1 lakh in each of the last two years, or refund of ITC received is more than ₹1 lakh, or if the business is a government department, PS

Day 14 of 30 Days GST Challenge Can’t use 100% ITC if ? Here’s a simplified explanation of Rule 86B under GST. If your monthly taxable turnover (excluding exempt and export supplies) is more than ₹50 lakhs, you must pay at least 1% of your GST liability in cash. The rest can be paid using ITC. But there are important exceptions – like if income tax paid is over ₹1 lakh in each of the last two years, or refund of ITC received is more than ₹1 lakh, or if the business is a government department, PS

8.2K views9 months ago

FacebookCA Devesh Thakur

Rule 86 B अब पूरा ITC नही मिलेगा!#Rule86B #ITCLimit

Rule 86 B अब पूरा ITC नही मिलेगा!#Rule86B #ITCLimit

25.3K views9 months ago

YouTubeKJ Classes

GST Rule 86B – Full Explanation with Examples

GST Rule 86B – Full Explanation with Examples

16 views2 weeks ago

YouTubeIICPA Institute

Rule 86B GST: Applicability, Exceptions & Practical Impact | Simple Explanation | Nishant Gupta

Rule 86B GST: Applicability, Exceptions & Practical Impact | Simple Explanation | Nishant Gupta

36 views5 months ago

YouTubeNishant Gupta

GST Rule 86B Explained with PRACTICAL EXAMPLES & 5 EXCEPTIONS Every GST Filer Must Know!

GST Rule 86B Explained with PRACTICAL EXAMPLES & 5 EXCEPTIONS Every GST Filer Must Know!

39.3K views10 months ago

YouTubeCA Jeet Ghetia

🚀 Rule 86B of CGST Explained | Restriction on ITC Usage in GST!

594 viewsMar 12, 2025

YouTubeCA Hemant Garg

RULE 86B || Restriction in use of ITC || GST Latest Update

5.4K viewsDec 29, 2020

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GST Rule 86B Explained | Monthly Turnover ₹50 Lakh & 1% Cash Payment Requirement

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YouTubecapulkitjain official

Rule 31D Explained: GST on MRP for Tobacco Products | Calculation, Formula & Rule 86B Impact (2026) Rule 31D has fundamentally changed how GST is calculated on tobacco and pan masala products in India. From 1 February 2026, GST on specified goods such as pan masala, unmanufactured tobacco, cigarettes, manufactured tobacco, and nicotine or vaping products will no longer be based on transaction value. Instead, GST will be mandatorily calculated on the Retail Sale Price (MRP) as notified under Rule

85.7K views4 months ago

GST Rule 86B Explained | Even with ITC, You MUST Pay 1%!

3 views4 weeks ago

YouTubetaxx_tip

Rule 86B detail analysis with practical FAQ | Restriction on use of Electronic Credit Ledger

6.3K viewsDec 25, 2020

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What is Rule 86B in GST Complete Explanation with Examples !!!

582 viewsApr 6, 2025

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Rule 86B | How I pay 1% GST | ITC set off 99% | How to file return for taxable sales of Rs 50 lakh?

41.2K viewsMar 19, 2021

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100% ITC❌ Not Allowed | ITC Restriction Rule 86B | Rule 86B | GST Notice

66.4K views8 months ago

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61. Restriction on use of ITC from Electronic Credit Ledger of GST | Rule 86A & 86B

16.9K viewsNov 23, 2024

YouTubeStudy At Home

Restriction on utilisation of ITC available in Electronic Credit Ledger (GST Rule 86B) with examples

4.1K viewsNov 23, 2022

YouTubeCA Sansaar

06-ITC Restrictions EXPLAINED: Rule 86B & Rule 31D Simplified (Must Watch for Businesses)

15 views2 months ago

Rule 86B in gst restricts the usage of input tax credits #gst #new #rule86b #fastknowledge

1.1K viewsJul 23, 2023

YouTubeFast knowledge

All About CGST Rule 86B under GST | Restriction on ITC | Impact on Businesses

566 viewsFeb 3, 2021

YouTubeClearTax

RULE 86B IN GST part - 1 #gst #tax #itr #suspension #gstitc #audit #gstrules

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Utilization of Input Tax Credit | Order of Adjustment for ITC | Rule 86B | GST Quick Revision

141 views4 months ago

YouTubeCA Vikas Gowda

Rule 86B of GST restricts the use of Electronic Credit ledger applicable from 1Jan 2021|99% ITC Rule

57K viewsJan 4, 2021

YouTubeCA Guru Ji

Rule 86B | 50 Lakh | Big GST Mistake! Rule 86B Ignore Kiya Toh Notice Pakka ⚠️

4 views3 months ago

YouTubeSeekho Daily with Me

Tax Samajh | GST & ITR India on Instagram: "STOP! 🛑 Is Rule 86B eating your cash flow? 💸If your business is doing over ₹50 Lakhs in monthly taxable turnover, you can’t just “offset” your way out of GST anymore. Rule 86B mandates a minimum 1% cash payment of your output liability. Ignoring this can lead to your GST registration being suspended or blocked GSTR-1 filing! 😱 Direct message me “GST” if you want our 2026 Compliance Checklist! 📩#GSTIndia #Rule86B #TaxTips2026 #BusinessOwnerIndia #GS

237 views3 months ago

Instagramtaxsamajh

What is Rule 86B of GST | Applicability & Implications

1.8K views2 months ago

YouTubeCA Vikas Sharma

GST Rule 86B #finance #itc #gstreturn #smallbusiness #taxfiling #gst #exam #taxreturn

158 views4 months ago

YouTubeTax & Tally Talks

RULE 86B IN GST part - 3 #gst #tax #itr #suspension #gstitc #audit #gstrules

YouTubeNadhee Tax Solutions

Rule 86B Explained | Why You Must Pay 1% GST in Cash | CGST Rule 86B Exceptions Simplified

30.6K views11 months ago

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