Rule 36(4) Explained: How India Moved From Provisional ITC to 100% GSTR-2B Matching
Rule 36(4) of the CGST Rules reshaped Input Tax Credit between 2019 and 2022. It began as a 20% cap on provisional ITC, tightened to 10% and then 5%, and was finally replaced by the 100% GSTR-2B matching regime from 1 January 2022. Here is the full regulatory timeline.
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