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of <h1>India Revises GST Rules to Limit Input Tax Credit on Select Fabrics Effective November 15, 2017.</h1> The Government of India issued Notification No. 44/2017-Central Tax (Rate) on November 14, 2017, to amend Notification No. 5/2017-Central Tax (Rate) dated June 28, 2017. This amendment, effective from November 15, 2017, implements GST Council decisions to restrict Input Tax Credit (ITC) on certain fabrics. The changes involve replacing entries in the notification table for specific textile products, including knotted netting of twine, corduroy fabrics, and narrow woven fabrics. This amendment follows the principal notification and its previous amendment on September 22, 2017.
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