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of <h1>Maharashtra Amends GST Act: Input Tax Credit on Specified Goods from August 1, 2018, Will Not Apply.</h1> The Government of Maharashtra has issued an amendment to the Maharashtra Goods and Services Tax Act, 2017, under Notification No. 20/2018-State Tax (Rate). Effective from August 1, 2018, the amendment stipulates that input tax credit accumulated on specified goods received from this date will not apply. Additionally, any unutilized input tax credit for these goods, remaining after tax payments for supplies received up to July 31, 2018, will lapse. The amendment was made following recommendations from the Council and is published in the Maharashtra Government Gazette.
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