Clarification in respect of certain GST related issues

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....l. No. Issue Clarification 1. Section 16(4), as amended with effect from January 1, 2021, provides that a registered person shall not be entitled to take input tax credit in respect of any invoice or debit note for supply of goods or services or both after the due date of furnishing of the return under section 39 for the month of September following the end of financial year to which such invoice or debit note pertains or furnishing of the relevant annual return, whichever is earlier. 1. With effect from January 1, 2021, section 16(4) of the HPGST Act, 2017 was amended vide the Finance Act, 2020, so as to delink the date of issuance of debit note from the date of issuance of the underlying invoice for purposes of availing input tax cre....

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....at : (a) with effect from January 1, 2021, in case of debit notes, the date of issuance of debit note (not the date of underlying invoice) shall determine the relevant financial year for the purpose of section 16(4) of the CGST Act. (b) the availment of ITC on debit notes in respect of amended provision shall be applicable from January 1, 2021. Accordingly, for availment of ITC on or after January 1, 2021, in respect of debit notes issued either prior to or after January 1, 2021, the eligibility for availment of ITC will be governed by the amended provision of section 16(4), whereas any ITC availed prior to January 1, 2021, in respect of debit notes, shall be governed under the provisions of section 16(4), as it existed before the said am....

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.... be ; and (b) a copy of the e-way bill or the e-way bill number, either physically or mapped to a radio frequency identification device embedded on to the conveyance in such manner as may be notified by the Commissioner. 2. Further, rule 138A(2) of the CGST Rules, after being amended vide Notification No. 72/2020-Central Tax, dated September 30, 2020, states that "In case, invoice is issued in the manner prescribed under sub-rule (4) of rule 48, the quick reference (QR) code having an embedded Invoice Reference Number (IRN) in it, may be produced electronically, for verification by the proper officer in lieu of the physical copy of such tax invoice." 3. A conjoint reading of rule 138A(1) and 138A(2) of the CGST Rules, 2017 clearly indicat....