https://www.taxtmi.com/news?id=18719 Eligibility for the composition scheme is limited to goods suppliers; mixed goods and services suppliers and e commerce sellers are ineligible. ITC is generally available notwithstanding supply to unregistered or exempt recipients, subject to section 16 conditions and specific exclusions (e.g., certain cesses, clean energy cess). LUT/bond rules for exports require new format after transitional validity; notified conditions permit LUT in place of bond for qualifying exporters. Invoicing, delivery challan, job work, return correction and transitional credit rules are clarified procedurally. en-us Wed, 30 Aug 2017 13:12:10 +0530 Wed, 11 Feb 2026 15:57:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18719 Eligibility for the composition scheme is limited to goods suppliers; mixed goods and services suppliers and e commerce sellers are ineligible. ITC is generally available notwithstanding supply to unregistered or exempt recipients, subject to section 16 conditions and specific exclusions (e.g., certain cesses, clean energy cess). LUT/bond rules for exports require new format after transitional validity; notified conditions permit LUT in place of bond for qualifying exporters. Invoicing, delivery challan, job work, return correction and transitional credit rules are clarified procedurally. News - Wed, 30 Aug 2017 13:12:10 +0530 https://www.taxtmi.com/news?id=18719