Meghalaya Government Stops Refund of Unutilized Input Tax Credit for Certain Services u/s 54(3) of GST Act 2017.
The Government of Meghalaya, following the Council's recommendations, announces that no refund of unutilized input tax credit will be permitted under sub-section (3) of section 54 of the Meghalaya Goods and Services Tax Act, 2017, for the supply of services specified in sub-item (b) of item 5 of Schedule II of the Central Goods and Services Tax Act. This notification, issued by the Excise, Registration, Taxation & Stamps Department, will take effect from July 1, 2017.