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<h1>Assam Amends GST Notification: Input Tax Credit Restrictions Effective August 2018; Unutilized Credits Lapse for July.</h1> Notification No. 20/2018 issued by the Government of Assam amends Notification No. 05/2017 (Rate) to implement the GST Council's recommendations from its 28th meeting on July 21, 2018. Effective from July 27, 2018, the amendment specifies that input tax credit accumulated on supplies received from August 1, 2018, for certain goods will not apply. Additionally, any unutilized input tax credit for goods received up to July 31, 2018, will lapse after tax payment for July 2018. This order is authorized by the Governor of Assam under the Assam Goods and Services Tax Act, 2017.