https://www.taxtmi.com/circulars?id=65541 The circular clarifies that for availment of input tax credit on debit notes the date of issuance of the debit note-not the underlying invoice-determines the relevant financial year; the amended rule applies to ITC availed on or after the effective date even for debit notes relating to earlier invoices. It further provides that where e invoices are issued, the QR code with the Invoice Reference Number produced electronically suffices instead of a physical invoice, and that the refund restriction for unutilized ITC linked to export duty applies only to goods actually subject to export duty at the time of export. en-us Thu, 23 Sep 2021 00:00:00 +0530 Thu, 28 Apr 2022 15:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=65541 The circular clarifies that for availment of input tax credit on debit notes the date of issuance of the debit note-not the underlying invoice-determines the relevant financial year; the amended rule applies to ITC availed on or after the effective date even for debit notes relating to earlier invoices. It further provides that where e invoices are issued, the QR code with the Invoice Reference Number produced electronically suffices instead of a physical invoice, and that the refund restriction for unutilized ITC linked to export duty applies only to goods actually subject to export duty at the time of export. Circulars GST - States Thu, 23 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65541