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<h1>Jharkhand GST amendment: valuation hierarchy, input tax credit rules, invoicing, electronic returns and refund procedures compliance.</h1> The amendment prescribes hierarchical valuation rules for non monetary and related party supplies prioritising open market value, known cash equivalents, like kind comparisons, cost plus and residual methods; sets documentary and procedural conditions for claiming and reversing input tax credit including timelines, formulaic apportionment for ISDs and financial institutions, prorata adjustments for capital goods with five year useful life, and detailed requirements for tax invoices, delivery challans and electronic returns and ledgers alongside refund and payment mechanics including formulas for zero rated and inverted duty refunds.