*Gist of GST Important Circulars issued on Contentious issues | GST AND INCOME TAX UPDATES (GST DOST)

*Gist of GST Important Circulars issued on Contentious issues on 20.09.2021* further to 45th GST Council Meeting clarifying following issues:

1. _Circular 159_ - Scope of *Intermediary Services*

2. _Circular 160_ -
- Cut-off date for availing *ITC in Debit Notes*

- Whether *physical invoice to carry when e-invoice has been issued* in the movement of goods?

- Scope of *restriction of GST refund when exports are subjected to NIL Export Duty*

3. _Circular 161_ - Scope of restrictive condition for denial of benefits of "Export of Services" for *transactions between Holding and Subsidiary Companies incorporated in/ outside India*