Recent Clarifications on GST Related Issues
For the purpose of ensuring uniformity in the implementation of GST provisions, CBIC has issued clarifications vide. Circular No. 160/16/2021-GST dated 20.09.2021 in respect of the following issues: 1. What will be the relevant date for determining “Financial year” for the purpose of provisions of Section 16(4)? 2. Is refund of unutilised ITC prohibited where […]