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of <h1>Jammu and Kashmir GST: No Refund on Unutilized Input Tax Credit for Certain Services Per Schedule II, Effective July 8, 2017.</h1> The Government of Jammu and Kashmir, under the Jammu and Kashmir Goods and Services Tax Act, 2017, has issued a notification stating that no refund of unutilized input tax credit will be permitted for the supply of services specified in sub-item (b) of item 5 of Schedule II of the Act. This decision is based on recommendations from the Council and is effective immediately as of July 8, 2017. The notification was issued by the Finance Department, signed by the Commissioner/Secretary to the Government.
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