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of <h1>Jharkhand GST Act 2017 Update: Input Tax Credit Changes for Goods Received After August 1, 2018, Now Effective.</h1> The Government of Jharkhand, under the Jharkhand Goods and Services Tax Act, 2017, has amended Notification No. 5/2017-State Tax (Rate) from June 29, 2017. Effective July 27, 2018, the amendment specifies that input tax credit for certain goods received on or after August 1, 2018, will not apply. Additionally, any unused input tax credit for goods received up to July 31, 2018, will lapse after tax payments for July 2018. This change follows recommendations from the Council and is documented in Notification No. 20/2018-State Tax (Rate), dated August 16, 2018.
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