Amendment in Notification No. 5/2017-State Tax (Rate). dated the 29th June, 2017 - 20/2018-State Tax(Rate) - Tripura SGST

Input tax credit exclusion: accumulated ITC on specified goods received after cut off is disallowed and unutilised ITC lapses.

The amendment adds a proviso excluding the notification's application to accumulated input tax credit on supplies of certain listed goods received on or after the relevant commencement date, and provides that accumulated input tax credit remaining unutilised after adjustment against tax paid up to the applicable return period for inward supplies received up to the cut off date shall lapse.