TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Andhra Pradesh clarifies GST rules: Debit note date sets ITC eligibility year; e-invoices don't need physical copies.</h1> The circular issued by the Andhra Pradesh Commercial Taxes Department addresses clarifications on Goods and Services Tax (GST) issues. It clarifies that from January 1, 2021, the date of a debit note, not the underlying invoice, determines the financial year for input tax credit (ITC) eligibility under section 16(4) of the APGST Act. It also states that physical copies of invoices are not required if e-invoices are generated, as the QR code with the Invoice Reference Number suffices. Furthermore, only goods actually subjected to export duty at the time of export are restricted from ITC refund under section 54(3) of the APGST Act.
TaxTMI 
TaxTMI 
