"Harshaditya Kabra (+91-88277-53530) is a partner at Accorg Consulting, which consults businesses on financial and legal aspects. They specialise in services such as Legal advisory, Due Diligence and transaction structuring The team is actively helping manage litigation in GST, Income Tax, Company law (including Insolvency), Banking and Foreign Exchange. "
GST Rule 86B mandates taxpayers with over Rs.50 lakh monthly taxable turnover to pay a minimum of 1% of their liability in cash, limiting ITC usage to 99%. Non-compliance risks registration cancellation. The rule faces legal challenge.