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of <h1>Rajasthan Amends GST Act: No Refund for Unutilized ITC on Specific Goods Like Fishing Nets, Corduroy Fabrics.</h1> The Government of Rajasthan has amended Notification No. F.12(56)FD/Tax/2017-Pt-I-44 dated June 29, 2017, under the Rajasthan Goods and Services Tax Act, 2017. Effective November 15, 2017, the amendment disallows the refund of unutilized Input Tax Credit (ITC) on specific goods. The affected goods include knotted netting of twine, cordage or rope, made-up fishing nets, corduroy fabrics, and narrow woven fabrics, excluding those under heading 5807. This amendment follows the recommendations of the GST Council and is formalized by the Finance Department's Tax Division in Jaipur.
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