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TMI BlogCirculars on GST Acts/Rules issued by the Govt. of India, Ministry of Finance, Department of Revenue, CBIC New DelhiX X X X Extracts X X X X X X X X Extracts X X X X ..... f India under the CGST Act are adopted under the OGST Act as welt. The copies of the said Circulars are enclosed herewith for information and guidance. Sl. No. Circular No. Description 1 165/21/2021-GST Dated 17/11/2021 Clarification in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices and compliance of notification 14/2020- Central Tax dated 21st March, 2020 2 166/22/2021-GST Dated 17/11/2021 Clarification on certain refund related issues Yours faithfully Special Commissioner CT & GST (Policy) Circular No. 165/21/2021-GST CBEC-20/16/38/2020 -GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing New Delhi, dated the 17th Nov ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... entation of the provisions of the law across the field formations, the Board, in exercise of its powers conferred under section 168(1) of the CGST Act, 2017, hereby clarifies the issues hereafter. 3. It is observed that from the present wording of S. No. 4 of Circular No. 156/12/2021 dated 21st June 2021, doubt arises whether the relaxation from the requirement of dynamic QR code on the invoices would be available to such supplier, who receives payments from the recipient located outside India through RBI approved modes of payment, but not in foreign exchange. It is mentioned that the intention of clarification as per S. No. 4 in the said circular was not to deny relaxation in those cases, where the payment is received by the supplier as p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ice of the Board. Hindi version would follow. (Sanjay Mangal) Principal Commissioner Circular No. 166/22/2021-GST F.No. CBIC-20021/4/2021-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing **** New Delhi, Dated the 17th Nov, 2021 To, The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/ Commissioners of Central Tax (All) The Principal Directors General/ Directors General (All) Madam/Sir, Subject: Clarification on certain refund related issues- reg. Various representations have been received from taxpayers and other stakeholders seeking clarification in respect of certain issues relating to refund. The issues have been examine ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ducted/collected as TDS/TCS by TDS/ TCS deductors under the provisions of section 51 /52 of the CGST Act, as the case may be, and credited to electronic cash ledger of the registered person, is equivalent to cash deposited in electronic cash ledger. It is not mandatory for the registered person to utilise the TDS/TCS amount credited to his electronic cash ledger only for the purpose for discharging tax liability. The registered person is at full liberty to discharge his tax liability in respect of the supplies made by him during a tax period, either through debit in electronic credit ledger or through debit in electronic cash ledger, as per his choice and availability of balance in the said ledgers. Any amount, which remains unutilized in ..... X X X X Extracts X X X X X X X X Extracts X X X X
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