https://www.taxtmi.com/circulars?id=67440 Amendment to section 16(4) delinks debit note date from underlying invoice date for ITC: the relevant financial year for ITC on a debit note is the debit note's issuance date, and the amended rule governs ITC availment on or after January 1, 2021. E-invoices issued under rule 48(4) may be verified by producing the electronic QR code with IRN instead of a physical invoice. The refund restriction in the first proviso to section 54(3) applies only to goods actually subject to export duty; nil-rate or exempt goods are excluded. en-us Thu, 30 Sep 2021 00:00:00 +0530 Wed, 22 May 2024 18:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67440 Amendment to section 16(4) delinks debit note date from underlying invoice date for ITC: the relevant financial year for ITC on a debit note is the debit note's issuance date, and the amended rule governs ITC availment on or after January 1, 2021. E-invoices issued under rule 48(4) may be verified by producing the electronic QR code with IRN instead of a physical invoice. The refund restriction in the first proviso to section 54(3) applies only to goods actually subject to export duty; nil-rate or exempt goods are excluded. Circulars GST - States Thu, 30 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67440