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<h1>Finance Bill 2022 exempts Union territory tax on unintended fish meal waste from 2017-2019; no refunds for collected tax.</h1> Clause 122 of the Finance Bill, 2022, addresses the retrospective exemption from Union territory tax on unintended waste generated during fish meal production, excluding fish oil, for the period from July 1, 2017, to September 30, 2019. Despite this exemption, any tax already collected during this timeframe will not be refunded. This provision overrides the previous notification issued by the Ministry of Finance under the Union Territory Goods and Services Tax Act, 2017.