Seeks to amend notification no. 5/2017- No.FD 48 CSL 2017/Central Tax(rate) dated 28.06.2017 to give effect to gst council decisions regarding restriction of ITC on certain fabrics. - 44/2017 - Karnataka SGST
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Restriction of Input Tax Credit on specified textile fabrics through amendment to GST notification, effective from notified commencement. Amendment to Notification No. 05/2017 substitutes the Table entry for Sl. No. 6A to list headings 5608 (knotted netting and made up nets), 5801 (corduroy fabrics), and 5806 (narrow woven fabrics), thereby identifying those textile classifications as subject to restriction of Input Tax Credit. The amendment is made under the proviso to sub-section (3) of section 54 of the Karnataka GST Act on the recommendations of the GST Council and takes effect from the notified commencement.
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 of Input Tax Credit on specified textile fabrics through amendment to GST notification, effective from notified commencement.
Amendment to Notification No. 05/2017 substitutes the Table entry for Sl. No. 6A to list headings 5608 (knotted netting and made up nets), 5801 (corduroy fabrics), and 5806 (narrow woven fabrics), thereby identifying those textile classifications as subject to restriction of Input Tax Credit. The amendment is made under the proviso to sub-section (3) of section 54 of the Karnataka GST Act on the recommendations of the GST Council and takes effect from the notified commencement.
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