No refund of unutilised input tax credit disallowed for specified services under Schedule II, impacting refund claims. The Government, acting under the statutory refund provision, notifies that no refund of unutilised input tax credit shall be allowed where the supply consists of services specified in sub item (b) of item 5 of Schedule II of the central enactment; the notification sets a specified commencement date so the exclusion applies prospectively.
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Provisions expressly mentioned in the judgment/order text.
No refund of unutilised input tax credit disallowed for specified services under Schedule II, impacting refund claims.
The Government, acting under the statutory refund provision, notifies that no refund of unutilised input tax credit shall be allowed where the supply consists of services specified in sub item (b) of item 5 of Schedule II of the central enactment; the notification sets a specified commencement date so the exclusion applies prospectively.
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