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of <h1>West Bengal Clarifies GST: Section 16(4) Amendments, E-Invoice Rules, and Refunds on NIL Export Duty Goods.</h1> The West Bengal Directorate of Commercial Taxes issued a circular clarifying GST-related issues. It addresses the amendment to section 16(4) of the WBGST Act, effective from 01.01.2021, which delinks the date of debit note issuance from the underlying invoice for input tax credit (ITC) purposes. The relevant financial year for ITC on debit notes is determined by the debit note's issuance date. Additionally, it clarifies that physical copies of invoices are unnecessary if e-invoices are generated, and QR codes can be used for verification. Lastly, the circular specifies that goods with a NIL export duty rate are not subject to restrictions on refunding unutilized ITC under section 54(3).
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