Restriction on Input Tax Credit: substitution of specific textile product entries in GST notification, altering eligible ITC scope. The State Government amends a prior finance notification, substituting the table entries for Sl. No. 6A to specify three textile HSN items-knotted netting and made up nets, corduroy fabrics, and narrow woven fabrics-thereby restricting Input Tax Credit for those items; the notification, issued under the proviso to sub section (3) of section 54 of the Nagaland GST Act on Council recommendation, is dated 28th November 2017 and is effective from 15th November 2017.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Restriction on Input Tax Credit: substitution of specific textile product entries in GST notification, altering eligible ITC scope.
The State Government amends a prior finance notification, substituting the table entries for Sl. No. 6A to specify three textile HSN items-knotted netting and made up nets, corduroy fabrics, and narrow woven fabrics-thereby restricting Input Tax Credit for those items; the notification, issued under the proviso to sub section (3) of section 54 of the Nagaland GST Act on Council recommendation, is dated 28th November 2017 and is effective from 15th November 2017.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
