No refund of unutilised input tax credit for specified services under Schedule II item 5(b). No refund of unutilised input tax credit shall not be allowed under sub-section (3) of section 54 of the Punjab Goods and Services Tax Act, 2017 in respect of supplies of services specified in sub-item (b) of item 5 of Schedule II to the Act; the notification takes effect from 1st July, 2017.